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What we know about Biden and McCarthy’s tentative deal to raise the debt limit

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The White House and Congressional Republicans have reached an agreement in principle to raise the debt ceiling and limit new spending. The deal will avert a potentially calamitous federal default if Congress passes it by June 5. Congressional correspondent Lisa Desjardins and NPR’s senior political editor Domenico Montanaro join John Yang to discuss the latest.

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Category
U.S. & Canada
Tags
Biden administration, Congress debt ceiling, debt ceiling
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