An economic crisis avoided, and Donald Trump's re-election campaign gets more complicated.

Passing this budget agreement was critical. The stakes could not have been higher.

A potential economic disaster was nearly averted after Congress raced to pass legislation

lifting the nation's debt ceiling. Plus, it's conduct. I think that's one of the reasons

he's not in the White House now. You don't want him as your president.

The race to be the GOP's next presidential nominee heats up. Florida Governor Ron DeSantis

kicks off his White House bid by hitting the campaign trail and sparring with former president

Donald Trump. But the former president also faces another kind of threat. New developments

in the investigation of his handling of classified documents. Next.

Good evening and welcome to Washington Week. I'm William Brangham. Tonight, after weeks

of bringsmanship, posturing, and intense negotiation, President Biden will soon sign into law, a

bipartisan bill that lifts the country's debt limit and adverts what could have been an

economic disaster. The president spoke about the bill's significance a short time ago.

No one got everything they wanted, but the American people got what they needed. We've

heard it in economic crisis. That bill, the Fiscal Responsibility Act, was negotiated

between President Biden and Speaker McCarthy and their teams. It passed the House overwhelmingly

on Wednesday and was rushed through the Senate late Thursday. Joining us now to discuss

this and more, Peter Baker is Chief White House correspondent for The New York Times.

Leanne Caldwell is co-author of the Washington Post's early 202 and anchor of Washington Post

Live. Asma Khaled is White House correspondent for NPR and co-host of the NPR Politics podcast.

And Nicole Killian is congressional correspondent for CBS News. Welcome to you all. Thank you all

for being here. Peter, to you first, does the passage of this deal and the eventual soon to be

...