The Latest Breaking News from Kevin McCarthy

President Joe Biden and House Speaker Kevin McCarthy reached the final agreement in principle on Sunday on a deal to raise the country's debt ceiling

Speaker Kevin McCarthy says the House will vote Wednesday on the deal he struck with the president – here are the details of the 99-page bill

Several Democrats came out of a White House briefing more secure about voting for the bill.

President says agreement protects ‘historic economic recovery’. Plus Turkey’s Erdoğan celebrates extending his two decades in power

While the bill raises the debt ceiling, it also affects a wide range of people by limiting spending and changing guidelines around food stamps and student loans.

US President Joe Biden has announced that an agreement has been brokered with Republican House Speaker Kevin McCarthy to raise the government's debt ceiling This pivotal piece of legislation, now poised for a vote in Congress, requires a simple majority for its enactment. If passed, it would circumvent an unprecedented…

Congress appears to be on the cusp of passing legislation that would not only avoid an unprecedented US government default – and economic catastrophe – but also provide some much-needed political stability in Washington.

After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to avert a potentially devastating government default

Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling

Some conservative Republicans and progressive Democrats have criticized the deal.

Speaker Kevin McCarthy and President Joe Biden announce a deal to avert a default on June 5. The plan includes spending cuts that could anger some lawmakers.