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Biden hails debt ceiling deal as 'crisis averted'

2023-06-02 23:41
The US president said he will sign the debt deal into law on Saturday.
Biden hails debt ceiling deal as 'crisis averted'

President Joe Biden has said the raising of the US borrowing limit is a "crisis averted", in his first address to the nation from the Oval Office.

He pledged to sign the bill into law on Saturday after it cruised through Congress with bipartisan support.

The Democratic president voiced rare...