WASHINGTON: President Joe Biden and Republican leader McCarthy said Sunday that a final bipartisan deal to raise the US debt ceiling -- and avoid a cataclysmic default -- now heads to Congress, which will need to pass the agreement before the government starts running out of money.The compromise after weeks of intense talks offers a path back from the precipice, even as the clock is still ticking down to the June 5 “X-date” when the Treasury estimates there might not be enough cash to pay bills and debts.“I think it’s a really important step forward,“ Biden said in a brief appearance before media at the White House, urging “both chambers (of Congress) to pass that agreement.”“It takes the th
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