Tag: averted
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“A Crisis Averted”: Biden Signs Debt Ceiling Deal With Just Days to Spare
[ad_1] With little fanfare and, some may argue, too shut for consolation, President Joe Biden signed laws Saturday that suspends the $31.4T debt ceiling and prevents a probably disastrous, first-ever nationwide default. In his first-ever Oval Workplace primetime deal with Friday night, which adopted the invoice’s passage in Congress, Biden hailed the settlement as a significant…
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Biden speaks of ‘crisis averted’ in Oval Office address on debt ceiling deal
[ad_1] President Joe Biden addressed the nation in a prime-time speech Friday after Congress averted an economically disastrous default with simply days to spare by passing laws to boost the nation’s $31.4 trillion debt ceiling. The president, talking from behind the Resolute Desk in what was his first Oval Workplace deal with, pressured that “unity”…