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Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right

KEYT

By KEVIN FREKING
Associated Press

WASHINGTON (AP) — The reviews are starting to come in about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy. Even before seeing the details, some lawmakers were criticizing the deal as not doing enough to tackle the nation’s debt, while others worried it’s too austere and will harm many low-income Americans. The legislation will probably need support from a significant number of lawmakers from both parties to clear the closely divided House and gain the 60 votes necessary to advance in the Senate. The 99-page bill that resulted from the Biden-McCarthy negotiations was made public Sunday night.

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