Navigating the Debt Ceiling Deal: Biden, McCarthy, and Republican Pressure

President Biden and House Speaker Kevin McCarthy have put aside their previous jabs at each other to reach a deal on suspending the U.S. debt ceiling and avoiding economic disaster. The deal includes concessions from both sides, such as capping federal spending and forcing more poor people to work for food aid, while also preserving much of Biden's Inflation Reduction Act and punting the next debt ceiling showdown into 2025. Despite their political differences, both men engaged in sincere negotiations and found a way to work together.