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Debt ceiling negotiators reach a deal: 5 essential reads about the tentative accord, brinkmanship and the danger of default

  • Written by Bryan Keogh, Deputy Managing Editor and Senior Editor of Economy and Business
Debt ceiling negotiators reach a deal: 5 essential reads about the tentative accord, brinkmanship and the danger of defaultBiden speaks to reporters about the tentative accord. AP Photo/Susan Walsh

President Joe Biden and House Speaker Kevin McCarthy on May 27, 2023, agreed in principle to a tentative deal that would raise the debt ceiling while capping some federal spending at current levels.

The accord, if approved by both houses of Congress, would avert an...

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