Major Update on Debt Ceiling Talks

Major Update on Debt Ceiling Talks
President Joe Biden, left, and House Minority Leader Kevin McCarthy (R-Calif.) in file images. Getty Images
Andrew Moran
Emel Akan
Updated:
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The White House and House Republicans have reached an agreement in principle, House Speaker Kevin McCarthy announced on Saturday evening.

“We still have a lot of work to do. But I believe this is an agreement in principle that’s worthy of American people,” McCarthy told reporters on Capitol Hill.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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