> President Biden addresses nation after passing of debt ceiling bill
President Biden addresses nation after passing of debt ceiling bill
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President Joe Biden planned to praise the contentious, just-passed budget deal in a speech to the nation Friday evening, ready to sign the agreement averting the country's first-ever government default, which would have sent shock waves through the U.S. and global economies.
The measure was approved late Thursday night after passing the House in yet another late session the night before. Biden is expected to sign it at the White House on Saturday.
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