President Biden is hailing the budget and debt ceiling agreement as “good news for the American people.” With time running out before a possible government default, the president and House Speaker McCarthy reached a final agreement. Both the speaker and the president acknowledged that both political parties made compromises. The bill now moves to the […]
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Biden and McCarthy reach a final deal to avoid default
President Biden is hailing the budget and debt ceiling agreement as “good news for the American people.” With time running out before a possible government default, the president and House Speaker McCarthy reached a final agreement. Both the speaker and the president acknowledged that both political parties made compromises. The bill now moves to the full Congress and must be passed by June 5th to avert a first-ever default.