At the risk of introducing facts...
Details of the deal:
Debt_Ceiling.pdf (emma-assets.s3.amazonaws.com)
A few highlights:
1% spending increases through 2029 (with some exceptions),
Recouping of up to $30 billion in unspent COVID funds,
Cuts new staffing funding at the IRS,
Restarts student loan repayments that have been suspended since onset of the COVID emergency, and
Expedites some permitting in energy projects.
The 1% spending increase can be claimed as a victory by both sides. In nominal terms it is an increase (Dems win). In real terms it is a decrease (Reps win).