President Biden announced Sunday that a budget deal had been reached with House Speaker Kevin McCarthy, avoiding a "catastrophic default."

House Speaker Kevin McCarthy says he is hopeful of reaching a deal to raise the U.S. debt ceiling and a avoid a catastrophic default as early as Saturday.

The agreement in principle came after President Biden and House Speaker Kevin McCarthy spoke by phone Saturday evening.

House Republicans have reached a tentative deal with the White House to address the nation's debt ceiling and avoid a default on U.S. sovereign debt.

President Biden and House Speaker Kevin McCarthy are meeting on Saturday night to discuss the debt ceiling, a source told Fox News.

The House voted 121-23 to suspend the attorney general and refer him to the Senate for trial on charges of bribery, abuse of office and obstruction. It was the first such impeachment since 1975.

The Court finds it more likely than not that President Trump corruptly attempted to obstruct the Joint Session of Congress on January 6, 2021,” Judge David Carter wrote last year.

Commissioners said the governor, attorney general, secretary of state and lawmakers also deserve a raise, but they doubt lawmakers would approve.