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Forbes
Forbes
2 Jun 2023


President Joe Biden commended both Democratic and Republican congressional leaders for “acting responsibly” and operating in “good faith” during debt ceiling negotiations in a speech from the Oval Office on Friday evening—despite weeks of turbulent talks between both parties that included a Republican walkout and several pauses in negotiations.

Biden

As seen through a window, President Joe Biden addresses the nation on the budget deal that lifts the ... [+] federal debt limit and averts a U.S. government default, from the Oval Office of the White House in Washington, Friday, June 2, 2023. (AP Photo/Andrew Harnik)

Copyright 2023 The Associated Press. All rights reserved

Biden’s address primarily focused on the successful passage of the debt ceiling bill that he said would be signed Saturday.

This is a developing story.