Bloomberg Tax
May 26, 2023, 12:32 AM

US Debt Limit Talks Seen Centering Around Two Year Increase

Derek Wallbank
Derek Wallbank
Bloomberg News
Akayla Gardner

Talks are centering around a debt limit increase that would run for two years, according to a person familiar.

  • Deal is not agreed yet, though negotiators have said differences are narrowing. Lawmakers have cautioned that nothing is considered agreed unless everything is agreed
  • NOTE: McCarthy Vows to Work Through Long Weekend on Debt Deal (1)

To contact the reporters on this story:
Derek Wallbank in Singapore at;
Akayla Gardner in Washington at

To contact the editors responsible for this story:
Kyung Bok Cho at

Aradhana Aravindan

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