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PBS News Hour

What we know about Biden and McCarthy’s debt limit deal

The White House and Congressional Republicans have reached an agreement in principle to raise the debt ceiling and limit new spending. The deal will avert a potentially calamitous federal default if Congress passes it by June 5. Congressional correspondent Lisa Desjardins and NPR’s senior political editor Domenico Montanaro join John Yang to discuss the latest.
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September 17, 2025 - PBS News Hour full episode
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