Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous U.S. default

Agreement risks angering both Democratic and Republican sides with the concessions made to reach it

House Speaker Kevin McCarthy of Calif., speaks during a news conference after President Joe Biden and McCarthy reached an "agreement in principle" to resolve the looming debt crisis on Saturday, May 27, 2023, on Capitol Hill in Washington. Rep. Patrick McHenry, R-N.C., a key Republican in the debt limit negotiations and chairman of the House Financial Services Committee, back right, and Rep. Garret Graves, R-La., McCarthy's top mediator in the debt limit talks, left, look on. (AP Photo/Patrick Semansky)

Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous U.S. default

Agreement risks angering both Democratic and Republican sides with the concessions made to reach it

MOST VIEWED

1

Gordon Monson: Whatever, Schmev. Here’s a BYU football star unlike any other.

2

A wall of dust from the Great Salt Lake swept across the valley in early July. What was in the air?

3

Eli McCann: How our pleasant flight suddenly descended into an adventure aboard a vomit comet

4

It was hailed as a ‘unicorn’ in Utah’s booming tech industry. Soon, all that will be left is a shell.

5

It predates the LDS Church’s Salt Lake Temple and was Utah’s center of a religious movement. Now it has a new life.

Sponsored Story

A perfect day at the Utah Shakespeare Festival