Biden and McCarthy reach deal to raise the debt ceiling

After a monthslong standoff, President Biden and House Speaker Kevin McCarthy have reached an agreement to raise the country’s debt ceiling, aiming to avert a default. NBC News’ Julie Tsirkin has the details. 

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Biden and McCarthy reach deal to raise the debt ceiling

#JoeBiden #KevinMcCarthy #DebtCeiling

[RedTideRTS]

So the debt ceiling isn’t a real thing, apparently.

[Mariohan]

The achievement of productivity is never a result of chance; it consistently arises from diligent preparation, unwavering dedication, and persistent exertion. I am thankful for the guidance of my mentor, Mr. Eric Yuval Brokman, whose support has enabled me to build a robust financial base, leading to weekly earnings that range from $10, 000 to $25, 000.

[jch]

Can I do that with my bills when I can't pay them? Just renegotiate and pay later, over and over again?

[jamesmoore]

There is NO CEILING.
ITS AN ILLUSION JUST LIKE YOUR FREEDOM

[johncorbin]

Oooh they reached a compromise on a crises they created amazing

[jeffg]

Maybe spending less than you take from our taxes is a good starting point?
Just a thought.
…An American Taxpayer on a Budget

[zachfg]

They Keep sending our money to Ukraine …..

[SansooIan]

This country is going to crash so very hard

[crystalwiggins]

Let it default ❤ it is fraudulent debt

[noahboa]

So they’ll kick the can down the road to make the day of reckoning that much worse…nice.

[raymondlg]

Man they sure are putting a good show while they distracts us from the actual problems...

[AVKingJamesBible]

Just keep printing it. What could go wrong?! 🤦‍♂️

[stupid]

I wonder how the country of isreal our biggest Ally is doing financially with their ceiling

[donaldmartin]

In other words, they agreed to cornhole American one more time !

[teresaellis]

It's like having a 100 bucks but you spend 10, 000 and you want to spend 15 and agree to just spend 12, 000 and calling that a great deal..

[JCnumber]

I hope it fails to pass. We must stop increasing our debt limit without decreasing our spending!

[michaelmurphy]

the debt is currently $90, 000 per American, or $250, 000 per taxpayer. I'm sure all of you will ante up!

[tringuyen]

Freedom caucus could derail the whole thing by a declaration of no confidence on MacCarthy.

[BL-jtqt]

It seems that our wondrous politicians have never learned The First Rule of Holes.... "When you are in a deep hole, quit digging".

[hofahome]

So is this like negotiating a higher credit card limit instead of managing to pay down what you racked up on the card?