Trump, Congress Clinch Debt-Limit Deal After Tense Negotiations
- Pelosi and Schumer cheer spending levels as part of agreement
- White House urges Congress to pass deal so Trump can sign it
This article is for subscribers only.
President Donald Trump announced a bipartisan deal to suspend the U.S. debt ceiling and boost spending levels for two years, capping weeks of frenzied negotiations that avert the risk of a damaging payments default.
Congressional leaders pledged to support the bipartisan compromise that left all sides unsatisfied but focusing on the provisions they could count as a win.