More debt ceiling deal details

President Biden and House Speaker Kevin McCarthy (R., Calif.) reached an agreement in principle late Saturday night to raise the debt ceiling, and some details of the deal were still emerging. The deal, which comes after several long days of talks, raised the debt ceiling for two years, past the presidential election.

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Here are some major components of the deal, according to people familiar with the terms. Fuller details were expected to be released on Sunday.

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