Debt Limit Increase Fiscal Responsibility Act of 2023 Debt Ceiling Deal Negotiations Fiscal Policy Fiscal Responsibility Act Treasury Bipartisan Deal Default Debt Limit Suspension Deal Negotiations History Future Debt Limit Deal Republican Party Military Funding Federal Debt Defense Budget Budget Cuts Bipartisan Agreement Compromise Bill Bipartisan Compromise National Debt Republican Proposal Limit, Save, Grow Act Spending Cuts Risks of Default Budget Deficits President Biden Legislative Actions Compromise Alternatives to Debt Ceiling Economic Consequences Timeline Spending Caps