The debt ceiling deal that President Joe Biden and House Speaker Kevin McCarthy struck late Saturday is a true meet-you-halfway compromise between the stark ultimatums the leaders have issued for months.
A far cry from the clean increase Biden had sought for the nations $31.4 trillion borrowing cap, the bipartisan agreement is also much less punchy than the sweeping package House Republicans passed last month as they demanded drastic spending cuts, major changes to energy permitting rules and an end to man…
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