Speaker Kevin McCarthy (R-Calif.) released text of the bill to raise the debt limit Sunday evening as Democratic and Republican leaders work to corral support ahead of this week’s vote. The bill ...

Speaker Kevin McCarthy announced at a brief presser on Saturday night that House Republicans and the White House have reached a tentative deal to raise the federal government's debt limit, ending ...

The White House and Republicans have agreed in principle on a deal to raise the debt ceiling, House Speaker Kevin McCarthy said Saturday. CNN values your feedback 1.

Negotiators struck an agreement in principle Saturday night to extend the debt ceiling. The text of the bill will be prepared by Republicans and reviewed by the Biden administration before it is ...

transcript. Biden and McCarthy Reach Debt Ceiling Agreement The deal capped months of political brinkmanship and a marathon negotiation, though it will still need congressional passage in the ...

The full legislative text of Speaker Kevin McCarthy’s agreement in principle with President Biden to suspend the nation’s borrowing limit revealed new and important details about the deal ...

Kevin McCarthy said that if the debt ceiling deal goes through, student loan repayments will resume after three years of deferment.. The House Speaker said that the loan payment pause will be ...

As a condition for averting default and suspending the debt limit, Speaker Kevin McCarthy (R-CA) and House Republican leaders struck a deal with the Biden administration to set budget caps on ...

President Biden and Speaker McCarthy continue to spar over the next steps in negotiations on the debt ceiling. The country faces a historic default if no deal is reached before the summer deadline.

Editor’s note: President Biden has said he refuses to meet with Speaker Kevin McCarthy (R-Calif.) for debt limit negotiations until Republicans release a 10-year budget proposal. A previous ...