President Joe Biden defended his deal in principle with House Speaker Kevin McCarthy (R-CA) that enacts spending cuts to avert a debt default as 'good news' for the country, despite facing criticism from both sides of the aisle.
President Joe Biden defended his deal in principle with House Speaker Kevin McCarthy that enacts spending cuts to avert a debt default as"good news" for the country, despite facing criticism from both sides of the aisle.
"This is a deal that's good news for, I believe you'll see, the American people," he continued."The agreement prevents the worst possible crisis, a default for the first time in the nation's history and economic recession, retirement accounts devastated, millions of jobs lost, but also protects key priorities and accomplishments and values that Congressional Democrats and I have fought long and hard for.
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