https://sputnikglobe.com/20230528/biden-says-bipartisan-budget-agreement-now-ready-to-go-to-congress-1110757999.html
Biden Says Bipartisan Budget Agreement Now Ready to Go to Congress
Biden Says Bipartisan Budget Agreement Now Ready to Go to Congress
Sputnik International
US President Joe Biden said on Sunday that the bipartisan budget agreement he made with House Speaker Kevin McCarthy is ready to go to Congress.
2023-05-28T23:20+0000
2023-05-28T23:20+0000
2023-05-29T04:14+0000
americas
joe biden
kevin mccarthy
congress
us debt ceiling crisis
debt ceiling
debt
https://cdn1.img.sputnikglobe.com/img/07e7/05/10/1110397042_0:160:3055:1878_1920x0_80_0_0_2df9847e7913bbfd9671274eea1ff55f.jpg
McCarthy told reporters on Saturday after he spoke by phone to Biden that he expected to finish the writing of the agreement on Sunday and that lawmakers would vote on the text on Wednesday. The president said that the agreement "takes the catastrophic threat of default off the table" and protects US economic recovery. Biden reiterated that the agreement is a compromise and not everyone got what they want. Biden specified that he did not make any compromises on the debt ceiling, but did make compromises on the budget.
americas
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2023
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
debt ceiling, us default on debt, will america default
debt ceiling, us default on debt, will america default
Biden Says Bipartisan Budget Agreement Now Ready to Go to Congress
23:20 GMT 28.05.2023 (Updated: 04:14 GMT 29.05.2023) WASHINGTON - US President Joe Biden said that the bipartisan budget agreement reached with US House Speaker Kevin McCarthy is now ready to go to Congress and urged both chambers to pass it.
McCarthy told reporters on Saturday after he spoke by phone to Biden that he expected to finish the writing of the agreement on Sunday and that lawmakers would vote on the text on Wednesday.
"We’ve got good news … we’ve reached a bipartisan budget agreement that we are ready to move to the full Congress, and I think it’s a really important step forward," Biden told reporters on Sunday.
The president said that the agreement "takes the catastrophic threat of default off the table" and protects US economic recovery. Biden reiterated that the agreement is a compromise and not everyone got what they want.
"The speaker and I made it clear from the start that the only way forward was a bipartisan agreement. That agreement now goes to the United States House and to the Senate and I strongly urge both chambers to pass that agreement," Biden said.
Biden specified that he did not make any compromises on the debt ceiling, but did make compromises on the budget.
