What's in the deal? Not much. The country will still go broke, but at a slighter slower rate.
Biden, McCarthy agree to raise US debt ceiling – what’s in the deal?
28 May 2023
https://www.theguardian.com/us-news/2023/may/28/debt-ceiling-limit-deal-explainer
Joe Biden and Kevin McCarthy have reached an agreement to lift the US debt ceiling and avoid a disastrous and unprecedented default.