DeSantis warns of bankruptcy as debt ceiling deal takes shape.

Florida Governor Ron DeSantis criticized the bipartisan debt ceiling deal, stating that the country is still "careening towards bankruptcy." The deal lifts the debt ceiling and holds spending flat through the 2024 presidential election, while allowing nondefense spending to increase by 1 percent in 2025. Republicans have been highly critical of the deal, with some calling it "insanity." DeSantis, who recently announced his 2024 presidential bid, believes the deal is inadequate to improve the country's financial situation.