Biden and GOP Reach Debt-Ceiling Deal. Now Congress Must Approve It to Prevent Calamitous Default

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White House officials plan to brief House Democrats Sunday.

McCarthy told reporters at the Capitol on Sunday that the agreement “doesn't get everything everybody wanted,” but that is to be expected in a divided government. “At the end of the day, people can look together to be able to pass this.”

Driving hard for a deal to impose tougher work requirements on government aid recipients, Republicans achieved some but not all of what they wanted. The agreement would raise the age for existing work requirements on able-bodied adults, from 49 to 54, without children. Biden was able to secure waivers for veterans and the homeless.

McCarthy commands only a slim Republican majority in the House, where hard-right conservatives may resist any deal as insufficient as they try to slash spending. By compromising with Democrats for votes, he risks losing support from his own rank and file, setting up a career-challenging moment for the new speaker.

In a tweet Sunday, Jeffries said he was “thankful” Biden had reached an agreement in principle and looked forward to reviewing the bill when it was released.

 

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