Republican and Democratic leaders in Congress both portray the long-awaited deal to raise the nation’s debt ceiling as a win for their side. The Fiscal Responsibility Act of 2023, unveiled on May 29, ends a months-long disagreement between President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) over the terms for increasing the borrowing limit….
Here’s What’s in the Debt Ceiling Deal and Who Benefits
May 30, 2023
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Business & MarketscongresseconomyHouse Speaker Keven McCarthyinflationPoliticsUSUS Debt limitUS President Joe Biden
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