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US Democratic President Joe Biden and Republican House Speaker Kevin McCarthy reached a tentative deal to raise the nation’s debt ceiling, McCarthy said in a statement. A negotiating team is now working on finalizing the text of the deal.
“I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we’ve come to an agreement in principle that is worthy of the American people,” he wrote in a post on Twitter.
Speaking to the media…
