Biden Strikes Debt Ceiling Deal, Easing Concerns of Catastrophic Default
In a significant development, U.S. President Joe Biden and House Speaker Kevin McCarthy have come to a mutual understanding on a budget agreement that entails the suspension of the $31.4 trillion debt ceiling until January 1, 2025. Biden expressed his satisfaction with the deal, emphasising that it safeguards the American people, removes the threat of…
Yash Sharma