(NewsNation) — President Joe Biden and Kevin McCarthy have announced they've reached a deal on raising the debt ceiling, and lawmakers are expressing both victory and reservation about the legislation.
The bill — which spans 99 pages — raises the debt limit for two years, strengthens work requirements on federal public assistance programs and rescinds COVID-19 funding that went unused, among other provisions.
"I say this is an historic conservative accomplishment," Rep. Dusty Johnson, R-S.D., said Monday on "The Hill on NewsNation."