Capitol Hill Showdown: A Dramatic Turn!

In a surprising turn of events, President Joe Biden and House Speaker Kevin McCarthy have achieved a significant breakthrough in the ongoing debt negotiations. Averting a potential fiscal disaster, they've agreed to take the dreaded default off the table, an incredible feat given the tense partisan politics that has dominated the conversation for weeks. The compromise signals a possible movement towards a finalized deal before the looming deadline. But it’s not over yet, they still need to get both houses of Congress to approve this agreement, a task that may present its own hurdles.

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