An agreement in principle has been reached on the debt ceiling, Fox News has learned.
According to multiple sources, an all GOP House conference call is scheduled to happen at 9:30 p.m. Saturday about the debt limit negotiations. President Biden and House Speaker Kevin McCarthy were scheduled to speak by phone Saturday night at 6 p.m. to discuss a potential debt limit deal, Fox News learned.
The meeting ended the call regarding the debt ceiling at 7:38 p.m., and the call lasted for nearly 90 minutes.
After the meeting where a deal on a debt limit increase was announced, McCarthy announced some details of the agreement.
Debt ceiling agreement in principle reached between Democrats, Republicans | Fox News
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