Biden and McCarthy Strike Bipartisan Deal to Avert Default But Face Criticism

A bipartisan coalition in Congress passed a debt ceiling and budget deal negotiated by President Biden and Speaker McCarthy.
The compromise cuts federal spending and suspends the debt ceiling until 2025 but boosts spending in some areas.
Conservatives criticized the deal for not cutting enough spending while progressives disliked policy concessions to Republicans.
The Senate is working to pass the bill by Monday to avoid default though some senators want to amend it, risking missing the deadline.
The deal shows McCarthy's skill in navigating his party but also leads to questions about both parties' strategies on fiscal issues.