Politics
2023.05.30 06:40 GMT+8

The U.S. reached a “deal in principle” to raise the debt ceiling

Updated 2023.05.30 06:40 GMT+8
Jim Spellman

U.S. President Joe Biden and Speaker of the House Kevin McCarthy say they have a deal to raise the debt ceiling. As the House aims to vote on Wednesday, they have to convince rank-and-file lawmakers to back the deal in time to head off a U.S. government default.

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.

Copyright © 

RELATED STORIES