Washington has announced that President Biden and negotiators on both sides of the aisle are understood to have come to a debt limit deal to raise the debt ceiling. Right now, that stands at about $31.4T.
A new tentative deal in relation to America ‘s ‘debt ceiling’ has reportedly been reached. According to officials, negotiators on both sides of the aisle have reached an agreement with the White House. It does cap sending and keeps things flowing through about 2025. Of course, that means the next President will have to deal with the daunting task of fixing America’s debt problem. Reports suggest that the proposal to demand new work requirements for social safety programs remains a big sticking point.