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Biden says debt ceiling bill avoids catastrophic economic default

Biden says debt ceiling bill avoids catastrophic economic default

U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023.

Pool | Via Reuters

WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the debt ceiling while capping federal spending, calling it a “critical” agreement. He plans to sign the bill Saturday.

“No one…


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