BREAKING: President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis.
By LISA MASCARO, MARY CLARE JALONICK, ZEKE MILLER and KEVIN FREKINGHouse Speaker Kevin McCarthy of Calif., speaks with members of the press about debt limit negotiations Saturday, May 27, 2023, on Capitol Hill in Washington. House Speaker Kevin McCarthy of Calif., speaks with members of the press about debt limit negotiations Saturday, May 27, 2023, on Capitol Hill in Washington.
WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to limit federal spending and resolve the
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