News alert: What's in the debt ceiling deal — and what's not: 7 takeaways from Biden and McCarthy's proposal to avoid default

President Joe Biden conceded on several spending cuts, but House Speaker Kevin McCarthy didn't get everything Republicans wanted either.

Advertisement Read in browser Read in browser Sun May 28 2023 What's in Biden and McCarthy's debt ceiling deal − and what's not? Here are 7 takeaways President Joe Biden conceded on several spending cuts, but House Speaker Kevin McCarthy didn't get everything Republicans wanted either. 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