Biden Addresses the Nation After Passage of Debt Ceiling Deal: ‘The Stakes Could Not Have Been Higher’

President Joe Biden promoted the recent debt ceiling agreement that prevented a historic U.S. default in his first-ever address to the nation from the Oval Office on June 2. He said he would sign the bill into law on Saturday.
Biden began his address by highlighting the significance of the deal he reached with House Speaker Kevin McCarthy (R-Calif.).
“Passing this budget agreement was critical. The stakes could not have been higher,” Biden said.
“There were extreme voices threatening to take America for the first time in our 247 year history,” Biden added. “Nothing, nothing would have been more irresponsible. Nothing would have been more catastrophic.”…}