President Joe Biden signed a debt ceiling deal on Saturday, averting a default on the nation’s debt predicted for Monday, thereby narrowly avoiding an international economic crisis. The House had approved the bill on Wednesday followed by the Senate on Thursday. Biden, who brokered the deal with House Speaker Kevin McCarthy (R-Calif.), has framed the agreement as a bipartisan deal in the mold of a bygone era in which the two parties used to work together.
Topics: president joe biden senate house speaker kevin mccarthy r-calif social security medicare medicaid congress irs republicans americans supreme court the white house democrats january party biden biden i house american republicans republican default economy work hard student agreement saturday expected government attempt framed refused
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