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BREAKING NEWS: McCarthy Announces Tentative Debt Limit Agreement With Biden, Wednesday Vote In House

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Published on 28 May 2023 / In News & Politics

Speaker McCarthy reveals that House Republicans and President Biden have "come to an agreement in principle" on the debt ceiling, stating, "It has historic reductions in spending" and will "rein in government overreach," with "no new taxes [and] no new government programs." Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com

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