Biden and McCarthy secure debt deal victory.

1 min read
Source: The Washington Post
Biden and McCarthy secure debt deal victory.
Photo: The Washington Post
TL;DR Summary

President Biden and House Speaker Kevin McCarthy have claimed victory after reaching a bipartisan deal to raise the debt ceiling and avoid a catastrophic default. The deal passed the House with a bipartisan vote of 314-117, with 71 Republicans breaking ranks to vote against it. The agreement allows both leaders to defy skeptics and rewrite their narratives, with McCarthy proving he can govern and Biden repeatedly defying the skeptics who doubted his ability to bring Republicans back to bipartisanship. However, the deal still faces criticism from both liberal and conservative lawmakers, and unexpected delays in passing it through the Senate could trigger a default.

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