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May 2023
May 28, 2023
Reaching an Initial Agreement on Increasing the U.S. Federal Debt Ceiling
President Joe Biden and House Speaker Kevin McCarthy have reached an initial agreement to raise the U.S. federal debt ceiling, ending a prolonged deadlock. The…
May 27, 2023
Speaker of the U.S. House of Representatives Reports Progress in Federal Debt Ceiling Negotiations
Kevin McCarthy announced progress in negotiations with President Biden about raising the federal debt ceiling, with both sides expressing optimism for an agreement. The outcome…