Debt Ceiling Deal Faces First Key Test
May 30, 2023•11 min
Episode description
President Joe Biden and House Speaker Kevin McCarthy reached a deal to raise the debt limit and cut spending, but there’s more work to be done to avoid a default. CNN Political Director David Chalian breaks down how both leaders are trying to get their parties on board. Some Republicans and Democrats have expressed they’re not happy with the bill for different reasons.
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