Biden Says Debt Limit Deal Reached as Lawmakers on Both Sides Express Concerns

President Joe Biden is championing the new bipartisan budget agreement to avoid a default on the national debt, saying it “prevents the worst possible crisis.”
The administration and House Republican leaders looked to garner support for a tentative deal to increase the country’s borrowing limit amid ballooning government debt following weeks of intense negotiations.
Following the announcement that both sides reached an “agreement in principle,” the president said the deal takes “the threat of catastrophic default off the table” and ensures the nation’s economic recovery moves ahead.
Biden repeated the White House talking point that the agreement is a compromise in a divided government, meaning that “no one gets everything they want.”…}

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