In a significant development, House Speaker Kevin McCarthy has announced that a deal in principle on the debt ceiling has been reached. Republicans insisted on a requirement for any agreement to include reductions in federal spending.

“I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we’ve come to an agreement in principle that is worthy of the American people,” announced Speaker McCarthy this evening.

According to information obtained by The Pavlovic Today, the agreement reached will guarantee complete funding for veterans’ medical care, including the specific allocation of funds for the PACT Act. During a press conference held on Thursday, Democrats expressed their disappointment in Republicans for not fulfilling their commitment to veterans. Leader Jeffries emphasized that any reductions in support for veterans would be an absolute non-negotiable for the Democrats, drawing a clear line that they will not cross.

To provide further details regarding the agreement, Speaker McCarthy will deliver a statement at 9:10 pm. Watch live in the player below.

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