President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement to avert a catastrophic and unprecedented default on America’s sovereign debt, ending a monthlong standoff that threatened the US and global economies. The White House said Mr Biden and Mr McCarthy spoke by phone for roughly 90 minutes late Saturday. The president also spoke with Democratic congressional leaders as the talks between the White House and the Republicans who control the House of Representatives entered final stages after days of back-and-forth over GOP demands to add work requirements for food assistance and other programs meant to help lower-income Americans. One source familiar with the matter described the president and the House Speaker as having come to an “agreement in principle” that would limit federal spending while raising the nation’s statutory debt limit by an amount large enough to keep the issue off the table through the November 2024 general election. More follows...

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Senator Rick Scott posted a video of himself on Tuesday warning “socialists” and “communists” not to travel or move to his home state of Florida. “Let me give you a travel warning: if you’re a Socialist, Communist, somebody that believes in big government, I would think twice – think twice – if you’re thinking about taking a vacation or moving to Florida,” Mr Scott said at the start of his 35-second video message. Mr Scott’s “travel warning” is a play on the travel advisories civil rights groups like the NAACP and the Human Rights Campaign have issued warning immigrants, LGBT+ people, and people of colour to reconsider travel to the state after it passed a number of laws targeting those communities in recent months. It’s also not the first time Mr Scott, an ambitious first-term senator and former governor, has used the gimmick of issuing his own advisory to draw attention to himself. The senator also issued a press release last month warning people with left-wing views to stay away from the state. “We’re the free state of Florida,” Mr Scott continued in his video. “We actually don’t believe in socialism. We actually know people – some people in our state lived under it, we know people lived under socialism, it’s not good. It’s not good for anybody. So, if you’re thinking about it, if you’re thinking about coming to Florida and you’re a socialist or communist, think twice. We like freedom, liberty, capitalism, things like that.” Mr Scott is reportedly considering running for president, where he would be one of a number of longshot candidates attempting to wrest the nomination away from former president Donald Trump. Along with Mr Trump, two other Floridians are already in the race – Ron DeSantis, Mr Scott’s successor as governor, and Miami Mayor Francis Suarez. Of those candidates, it’s Mr DeSantis who can claim the most credit for turning Florida into a state that has become a symbol for far right governance. In Mr DeSantis’s tenure as governor, the state has moved to severely limit abortion rights, limit free speech in schools, end the state’s tenure system, limit gender-affirming care, and more. Mr Scott, a billionaire former hospital executive who unsuccessfully challenged senator Mitch McConnell of Kentucky for leadership of the Republican Senate caucus at the start of the current Congress, has reportedly had a strained relationship with Mr DeSantis. He is currently running for re-election to the Senate. Read More Florida senator issues travel warning against ‘socialists’ after NAACP advisory

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