Debt ceiling deal to avert USA default be agreed between Biden and McCarthy
President Joe Biden and House Minority Leader Kevin McCarthy have reached a historic agreement on raising the debt ceiling deal to safeguard the USA from a potential default. Despite the ticking clock and financial instability, both leaders prioritized the American people, setting aside partisan differences.
The impending debt ceiling deal deadline had instilled uncertainty and anxiety across the USA.
Not raising the limit would result in severe consequences: possible default on financial obligations, soaring interest rates, and a significant economic blow. Recognizing the gravity of the situation, President Biden and Leader McCarthy engaged in intense negotiations to find a bipartisan solution.
The agreement reached between Biden and McCarthy demonstrates a commendable display o...