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Biden signs debt ceiling bill that saves US from unprecedented default

In just two free days, President Joe Biden signed legislation on Saturday that raises the national debt ceiling, preventing an unprecedented default on the federal government’s debt. It was a decidedly low-key denouement of a months-long drama that has rattled financial markets at home and abroad and left anxious retirees and social service organizations making

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Biden notes ‘crisis averted’ over debt ceiling in Oval Office speech

WASHINGTON – President Biden used the first Oval Office speech of his presidency to declare victory after a bipartisan deal to raise the debt ceiling was passed. both cameras Congress, preventing debt defaults and economic chaos. In a 13-minute speech, the president praised the White House negotiators and thanked Speaker Kevin McCarthy (R-Bakersfield) for coming

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Biden wins as curtain falls on debt ceiling drama

This article is a local version of our Disrupted Times newsletter. Sign here receive a newsletter directly to your inbox three times a week Today’s top news For the latest news, visit our live blog Good evening. “Another victory for the greatly underestimated Joe Biden,” said the FT editors about the end of the political

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Biden is said to have chosen Mandy Cohen to lead the CDC

President Biden plans to appoint a doctor Mandy Cohen, a former North Carolina health secretary who led her state through the tumultuous first two years of the coronavirus pandemic, is the next director of the Centers for Disease Control and Prevention, two people familiar with the selection process said. Choice Dr. Cohen, who was first

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Joe Biden Falls During US Air Force Graduation Ceremony

KEY POINTS Joe Biden tripped and fell at his graduation ceremony at the Air Force Academy. He was helped up and later gave a thumbs up sign. The White House said that everything was fine with the President of the United States, and added that there was a sandbag on stage. President Joe Biden stumbled

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Why McCarthy and Biden would benefit from a debt deal

WASHINGTON – Despite harsh rhetoric leading to last weekend’s debt and budget agreementboth Speaker of the House Kevin McCarthy and President Biden will benefit politically. Biden, McCarthy and their aides worked feverishly on Tuesday to make sure the deal didn’t fall through when it was introduced in the House on Wednesday. McCarthy has been particularly

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