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Debt ceiling deal reached in principle by Biden and McCarthy to avoid default : NPR


The Capitol is seen in Washington on May 22.

J. Scott Applewhite/AP


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J. Scott Applewhite/AP


The Capitol is seen in Washington on May 22.

J. Scott Applewhite/AP

The White House and House Republicans have reached an agreement in principle to avoid default, according to two Republican sources familiar with the plans. House Republican leaders are planning to hold a call with members at 9:30 p.m. ET, the sources told NPR’s Claudia Grisales. It’s unclear whether all members or just Republicans would be on that call.

The news comes about an hour after House Speaker Kevin McCarthy and President Biden spoke on the phone. Earlier, Biden spoke with Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries.



This story originally appeared on NPR

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