Debt Ceiling

Biden praises McCarthy on debt deal

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Biden Praises McCarthy on debt deal

In a moment of rare bipartisanship, President Joe Biden and House Speaker Kevin McCarthy have reached an agreement to suspend the debt limit and reduce deficits by $1.5 trillion over the next decade. Praising the commitment of both sides to working in good faith, President Biden addressed the nation from the Oval Office, expressing his … Read more

Senator Van Hollen Blasts House Republicans for Debt Ceiling Chaos

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Van Hollen Blasts House Republicans for Debt Ceiling

Introduction Senator Chris Van Hollen, a Democrat from Maryland, has placed blame on House Republicans, particularly Speaker Kevin McCarthy, for the escalating debt ceiling crisis in the United States. As negotiations between the White House and lawmakers intensify to avoid a potential default, Van Hollen expressed deep concern about the current situation, characterizing it as … Read more