Skip to content

Deal approved, Biden will address budget, debt agreement from Oval Office

After days of default threats, the debt limit-budget agreement was worked out by Biden and House Speaker Kevin McCarthy
32905166_web1_20230602100652-647a02f64eb3a7388419ab02jpeg
President Joe Biden says “I got sandbagged” in talking about falling earlier in the day at the U.S. Air Force Academy, as he walks from Marine One upon arrival on the South Lawn of the White House, Thursday, June 1, 2023, in Washington. (AP Photo/Alex Brandon)

President Joe Biden planned to discuss the contentious, just-passed budget deal in a speech to the nation Friday night (June 2), ready to sign the agreement averting the country’s first-ever government default, which would have sent shock waves through the U.S. and global economies.

The measure was approved late Thursday night after passing the House in yet another late session the night before.

After

Support local journalism today

Join thousands of other like-minded readers and sign up below to gain immediate & unlimited access to our news for the next 30 days – plus start receiving our newsletters.

Sign Up with google Sign Up with facebook

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reset your password

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

A link has been emailed to you - check your inbox.



Don't have an account? Click here to sign up