Factbox-What’s in the debt ceiling deal Biden, McCarthy are negotiating?
By Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal to lift the debt ceiling that would trim some U.S. federal spending. While talks are fluid, the general contours of the deal have taken shape. Here’s what we know so far: A CAP ON DISCRETIONARY SPENDING The deal under consideration would lift the debt ceiling in exchange for holding non-defense […]