politicsnation. tonight lead, not there yet. right now, the economic free world is holding its breath. as washington appears to have a way out of this impasse over our debt ceiling. president biden and republican house speaker, kevin mccarthy, announcing last night that a tentative deal has been reached, that would allow both sides to claim a victory. with short term domestic spending curtailed in line with house republican demands, and economic crisis averted to the delight of democrats in the rest of the sensible world. but that looming june 5th deadline to raise the ceiling hasn t gone away. and the hurdles to passage remain inside of congress itself. house democrats are expected to jump on a call with the white house within the hour. we ll update you as soon as that cole wraps, as for speaker mccarthy, will he be able to satisfy the hard right flank of his caucus, ahead of wednesday s house vote? or after weeks of holding america hostage, will they intentionally drive t
our debt ceiling. president biden and republican house speaker, kevin mccarthy, announcing last night that a tentative deal has been reached, that would allow both sides to claim a victory. with short term domestic spending curtailed in line with house republican demands, and economic crisis averted to the delight of democrats in the rest of the sensible world. but that looming june 5th deadline to raise the ceiling hasn t gone away. and the hurdles to passage remain inside of congress itself. house democrats are expected to jump on a call with the white house within the hour. we ll update you as soon as that cole wraps, as for speaker mccarthy, will he be able to satisfy the hard right flank of his caucus, ahead of wednesday s house vote? or after weeks of holding