Debt-Limit Deal Sets Up Tough Battle for Passage in Congress

May 28, 2023

(Bloomberg) -- Getting a US debt-limit deal is one thing. © Bloomberg Biden McCarthy Meeting Tees Up Tense Week of Debt-Limit TalksSome House ultra-conservatives were agitating against the agreement almost as soon as it was announced. While Biden and McCarthy are managing the clock, they also need to manage their party’s caucuses in each chamber. But the deal ultimately belongs to Biden and McCarthy, who will have to cobble together a coalition of centrists to support it. It also gives heartburn to progressives, who already have agitated that Biden hasn’t been vocal enough on the deal.