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

Posted on AllSides May 27th, 2023
From The Center

Speaker of the House Kevin McCarthy talks to reporters about the debt ceiling after the departure of White House negotiators, at the U.S. Capitol in Washington, U.S., May 23, 2023. WASHINGTON — House Republicans have reached a tentative deal with the White House to address the nation's debt ceiling and avoid a catastrophic default on U.S. sovereign debt, NBC News reports. Three Republican sources say there is a tentative agreement between Republicans leadership and the White House on a debt ceiling deal, and that the contours of the agreement will...

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