US EditionBiden signs bipartisan debt ceiling bill to avert government default
- President Joe Biden signed legislation suspending the country's debt limit until 2025 and restricting government spending, averting a potentially catastrophic economic crisis caused by defaulting on the country's debt.
- The bill gives lawmakers budget targets for the next two years in hopes of assuring fiscal stability as the political season heats up and includes changes to some policies, such as imposing new work requirements for older Americans receiving food aid and greenlighting an Appalachian natural gas pipeline that many Democrats oppose.
204 Articles
204 Articles
Biden signs debt ceiling deal into law, averting historic default
(CNN) — President Joe Biden signed into law Saturday a bill to suspend the nation’s debt limit through January 1, 2025, to avert a first-ever US default. “I just signed into law a bipartisan budget agreement that prevents a first-ever default while reducing the deficit, safeguarding Social Security, Medicare, and Medicaid, and fulfilling our scared obligation to our veterans,” Biden said in a tweet, which was accompanied by a short video of him …
Biden signs debt ceiling deal into law, averting historic default
(CNN) — President Joe Biden signed into law Saturday a bill to suspend the nation’s debt limit through January 1, 2025, to avert a first-ever US default. “I just signed into law a bipartisan budget agreement that prevents a first-ever default while reducing the deficit, safeguarding Social Security, Medicare, and Medicaid, and fulfilling our scared obligation to our veterans,” Biden said in a tweet, which was accompanied by a short video of him …
Coverage Details
Bias Distribution
- 59% of the sources are Center
![TASS [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F1c364c1e553231a17f22d4a16db85a51fb715dd3.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
