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Published 4 months ago

Biden lauds 'crisis averted' with debt ceiling deal in first Oval Office address

  • President Biden signed a budget agreement that avoids a first-ever US government default that would have led to economic shock waves. The bipartisan measure was approved by the Senate with 63-36, and the House with 314-117 votes, and gives legislators budget targets for the next two years.
  • The bill restricts spending for the next two years and changes some policies, including imposing new work requirements for older Americans receiving food aid and greenlighting an Appalachian natural gas pipeline that many Democrats oppose.
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  • 62% of the sources are Center
62% Center

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