Republican Kevin McCarthy, Speaker of the U.S. House of Representatives, confirmed that an agreement in principle has been reached between the White House and Republican congressmen on the nation’s national debt. TASS.
“We have reached an agreement in principle, as befits the American people,” said the politician.
previous portal Punchbowl News Citing his sources, it was reported that the White House and the Republicans of the US House of Representatives reached an agreement in principle to raise the US public debt ceiling and cut budget expenditures in the negotiations to prevent default in the country. .
According to them, the House of Republicans “reached an agreement in principle with the White House on a debt limit agreement.”
May 25 US President Joe Biden declarationThe American administration and the United States Congress agree that default in the country is unacceptable, and progress has been made in negotiations to raise the national debt ceiling.