They agreed, but will the House and Senate?

I'm Dave Anthony Fox News President Biden hopes so after working on an agreement to raise

the deadline with House Speaker Kevin McCarthy and the president says.

It takes the threat of catastrophic default off the table.

Protects our hard earned historic economic recovery.

So where do we go from here?

The House is expected to consider the legislation on Wednesday.

If it's approved that he's up a Senate vote by the weekend, maybe Friday.

The timing matters, of course, because the Treasury Department says it's going to be

running out of money to pay the country's bills after June 5th, which is just one week

from now.

Fox's mark Meredith.

Some progressives don't like some provisions the president agreed to with House Speaker

Kevin McCarthy.

You could get some no votes from his fellow Republicans.

You don't think he did enough to reduce non-defense spending?

GOP Congresswoman Michael Walts tells Fox he fears there's not enough military spending

to deal with China's rise.

They have a major Reagan style arms build up going on and we're going backwards with

this budget and then putting a cap on it over the next few years.

That, especially as we're talking Memorial Day and what people have sacrificed for this

great nation, that's where my concern lies.

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