freeman and omar jimenez. okay, the u.s. has one week left to southeast that the myth crisis before facing the fall. sources tell cnn that white house officials and gop negotiators are getting closer to an agreement to raise the debt ceiling, and zane is on the story. are we on the verge of a deal? i think that the major disaster that we were talking about on tuesday as more or less been a voted for now. i am some optimistic based on what i am hearing. i think i am getting the impression that if mccarthy want to make a deal at this point, he probably could. and terms that the contours of what we are hearing right now, there is possibly a deal in the works to raise the debt ceiling to years and issue spending cuts for two years. that s good news there. i think that my concern is even if they reach a deal, this is what i was talking about earlier, even at the reach a deal and you have mccarthy and biden come together to reach a deal, mccarthy still has to sell it, right? that
reckless dried. even just being close to this that time or perceived that done as already changed a few things or warnings from what you have seen. the move by fitch in terms of issuing a warning, that was a bold move. when the snp actually did downgrade u.s. that into thousand 11, they receive backlash for the. bold move by fitch. i think it was necessary though. i am still looking at the market and wondering what they are so muted, why there is no reaction from the mark in terms of this. it is significant. i think one of the issues is that this is the second time, right? we have already experienced a downgrade, s and p downgrading u.s. that 10 to 12 years ago. the second time around is not a shocker. there s also that belief that, listen, maybe this morning by fitch will actually give lawmakers the nudge they need to reach an agreement. i don t necessarily know if