House Minority Leader Hakeem Jeffries (D-N.Y.) was noncommittal on whether Democrats would support a debt ceiling deal negotiated between Republicans and the White House.
On the evening of May 27, Speaker of the House Kevin McCarthy (R-Calif.) announced during a press conference that he and President Joe Biden had reached what he called “an agreement in principle that’s worthy of the American people” to suspend the debt ceiling until 2025. In addition to suspending the debt ceiling, the bill would cap non-defense spending at its previous levels, enhance work requirements for government assistance, and reclaim unspent COVID-19 relief funds, among other measures….