White House and Republicans reach a tentative deal to avoid U.S. default

WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to address the nation’s borrowing limit and avoid a catastrophic default on U.S. sovereign debt, Speaker Kevin McCarthy confirmed.

“We have come to an agreement in principle,” McCarthy said Saturday in the Capitol. “We still have a lot of work to do, but I believe this is an agreement in principle that’s worthy of the American people.”

McCarthy…