News alert: Biden, McCarthy strike tentative deal to raise debt limit and cut spending, which could help US avoid economic damage

The tentative deal would raise the limit on how much the government can borrow through the end of 2024.

Advertisement Read in browser Read in browser Sat May 27 2023 Biden, McCarthy reach 'agreement in principle' to raise debt ceiling, cut spending The tentative deal would raise the limit on how much the government can borrow through the end of 2024. READ FULL STORY→ READ FULL STORY→ Advertisement A Better News Alert We've redesigned your News Alerts to have a cleaner look and feel. Let us know what you think about it. SHARE YOUR THOUGHTS ➔ SHARE YOUR THOUGHTS ➔ SUBSCRIBE TODAY Our Reporting. Your Stories. • Access subscriber-only content on all of your devices.   • Share a bonus subscription with a family member or friend.   • Read our universal eNewspaper - the digital version of our print paper.   • Experience bonus monthly magazines and hundreds of local papers. SUBSCRIBE TODAY SUBSCRIBE TODAY Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback