Debt Ceiling | Big Horn Basin Media

Debt Ceiling

Biden celebrates a ‘crisis averted’ in Oval Office address on bipartisan debt ceiling deal By ZEKE MILLER and CHRIS MEGERIAN Associated Press WASHINGTON (AP) — President Joe Biden celebrated a “crisis averted” in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the potential…

Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress By LISA MASCARO, ZEKE MILLER, FARNOUSH AMIRI and MICHELLE L. PRICE Associated Press WASHINGTON (AP) — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement…

The Republicans in the House still don’t have a deal in place with the President to raise the country’s debt ceiling and time is running out.  If there is no deal in place by June 5th (four days later than previously reported), Treasury Secretary Janet Yellen warned Congress on Friday that a default by the…


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