What's in the debt ceiling deal – and what's been left out?
WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle Saturday on legislation to increase the nation's borrowing authority and avoid a default.
While many details are still unclear, both sides will be able to point to some victories. But some conservatives expressed early concerns that the deal doesn't cut future deficits enough, while Democrats have been worried about proposed changes to work requirements in programs such as food stamps.Two-year debt increase, spending limits
Democrats had roundly criticized the proposed changes, saying they would lead to fewer people able to afford food or health care without actually increasing job participation.
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