White House and GOP Close In on Deal to Raise Debt Ceiling


“It takes a while to make it happen, and we are working hard to make it happen,” Speaker Kevin McCarthy said of a debt-ceiling deal.
The details were not finalized, but negotiators were discussing a compromise that would allow Republicans to point to spending reductions and Democrats to say they had prevented large cuts.
Top White House officials and Republican lawmakers…
This story appeared on nytimes.com, 2023-05-25.