President Joe Biden with Speaker Kevin McCarthy on May 23 to discuss the need to prevent default|@WhiteHouse|via Twitter
The two most-talked-about people right now, President Joe Biden and GOP House Speaker Kevin McCarthy are close to reaching a deal that would raise the $31.4 trillion debt ceiling, per Reuters.
The deal is not yet final. It would increase funding for discretionary spending on military and veterans, but the non-defense discretionary spending would remain at current year levels.