Tag: &#039crisis

Biden touts debt ceiling deal, tells nation 'crisis averted' | USA TODAY

President Joe Biden addressed the nation after the Congress passed the debt ceiling deal, and said “we averted an economic crisis.” RELATED: What happens if the US hits the debt ceiling? Here’s what we know Democracy only functions through compromise, President Joe Biden said Friday as he praised House Speaker Kevin McCarthy, R-Calif., for their joint agreement to suspend the debt limit and reduce…

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