President Joe Biden will address the nation Friday evening from the Oval Office on the budget deal that lifts the federal debt limit and averts a U.S. government default. The legislation was passed…
By CHRIS MEGERIAN and ZEKE MILLER
After days of default threats, the debt limit-budget agreement was worked out by Biden and House Speaker Kevin McCarthy, giving Republicans some of their spending-cut demands but holding the line on major Democratic priorities. Fast action was vital if Washington hoped to meet next Monday’s deadline, when Treasury has said the U.S. will start running short of cash to pay its bills.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Deal approved, Biden will address budget, debt agreement from Oval Office Friday eveningThe measure was approved late Thursday night after passing the House in yet another late session the night before.
Les mer »
Deal approved, Biden will address budget, debt agreement from Oval Office Friday eveningAfter days of default threats, Republicans got some of their spending-cut demands but held the line on major Democratic priorities.
Les mer »
Deal approved, Biden will address budget, debt agreement from Oval Office Friday eveningPresident Joe Biden will address the nation Friday evening from the Oval Office on the budget deal that lifts the federal debt limit and averts a U.S. government default.
Les mer »
Deal approved, Biden will address budget, debt agreement from Oval Office Friday eveningAfter days of default threats, the debt limit-budget agreement was worked out by Biden and House Speaker Kevin McCarthy, giving Republicans some of their spending-cut demands but holding the line on major Democratic priorities.
Les mer »
Deal approved, Biden will address budget, debt agreement from Oval Office Friday eveningPresident Joe Biden will address the nation Friday evening from the Oval Office on the budget deal that lifts the federal debt limit and averts a U.S. government default. The legislation was passed by the Senate late Thursday night after being approved by the House the previous night. Biden is expected to sign the measure on Saturday. That will end a tumultuous episode in Washington that threatened an unprecedented default on the country’s debt, which would have sent shockwaves through the global economy. Biden’s speech is scheduled for 7 p.m. Eastern time.
Les mer »