Debt Ceiling May 28, 2023 7:52 am Biden, GOP Reach Deal on Debt Ceiling President Joe Biden and House Speaker Kevin McCarthy, R-Calif., say they have reached a deal in principal to raise the debt ceiling. US & World Videos 7:55 NewsConference: Is LA ready for the 2028 Olympics? 3:14 NewsConference: Understanding the court on its homeless decision 9:02 NewsConference: SCOTUS decision may impact how LA deals with homeless 7:32 Newsconference Extra: Political ramifications of Trump criminal trial 7:29 NewsConference: Some school districts are ignoring Prop. 28