(Washington Composite Electric) US President Biden and the Speaker of the House of Representatives McCarthy Saturday (May 27) avoid preliminary agreements on government debt defaults, which may end a months of political deadlock.The two must also persuade the two -party members to accept the compromise plan and strive to let Congress pass the relevant legislation before the government funds are expected to be exhausted on June 5.

The Democratic Party's Biden Paiden posted on Twitter on Saturday night that he and the Republican Party's McCarthy reached an agreement in principle earlier that day.He said: "This is an important step forward ... This agreement represents the compromise between the two parties, which means that not everyone can get what they want."

Bynden said that this agreement is good news to the American people, which will prevent catastrophic debt defaults in the United States.He said: "On the next day, our negotiating team will finalize the text text and submit the agreement to the US House of Representatives and Senate. I strongly urge the two houses to pass the agreement immediately."

Bynden made this announcement after 90 minutes of call and McCarthy for 90 minutes.McCarthy said that after the Act Sunday (28th) was finalized, he would talk to Biden again and arranged for the House of Representatives to vote on Wednesday (31st).

According to the agreement, the federal government can temporarily cancel the debt limit to January 2025, after the next election.The agreement also limits budget expenditures in 2024 and 2025, recover the unused crown disease subsidy funds, accelerate the license procedures of some energy projects, and tighten the working conditions that the subsidies to apply for food subsidies.

According to sources quoted by Bloomberg, the two sides agreed to maintain the existing level in 2024 non -national defense expenditures, which can only increase by 1%in 2025.The so -called free -scale expenditure, that is, the budget for federal institutions and projects will also be restricted, but compulsory projects such as medical insurance and social security are not affected.Defense expenditure will increase by 3.3%next year, lower than the inflation rate.

In January this year, the US debt scale reached a statutory limit of US $ 3.1.4 trillion, prompting the Ministry of Finance to take special measures to avoid debt defaults.Finance Minister Yellen on Friday (26th) warned that if the Congress will not increase or temporarily cancel the upper limit of debt on June 5, the Ministry of Finance will not have enough resources to fulfill government obligations.

The US House of Representatives is currently controlled by the Republican Party, and the Senate is controlled by the Democratic Party, which means that the bill requires cross -party support to pass the two courts and send it to Biden to sign the effect.Republican chief negotiating representative and members of the Republican Patrick Mchenry acknowledged that it would be a "severe challenge" to pass the bill before June 5.

Republican councilors advocate cutting expenditure to slow down US debt rise.Democrats hope to reduce debt by increasing taxes on the rich and enterprises, while increasing spending on free community universities and other projects.

Extreme conservative Republican lawmakers oppose agreements

Because the scale is not as expected as expected, some extreme conservative Republican members have stated that they oppose the agreement reached by Biden and McCarthy.Dan Bishop, a member of the South Carolina, said: "The party holding the card is surrendering completely."

However, there are also right -wing Republicans.Congress Davidson said that the Republican Party has won some victory this time, but he will decide how to vote after seeing the text text.

This agreement may also face the opposition of Democrats.The Democratic Progressive President has previously warned that any reduction of social welfare expenditures is unacceptable.

A senior member of the House of Liberal Party said that they are evaluating the response of the members, and the results of the voting are not yet predicted.