- President Biden on Friday praised House Speaker Kevin McCarthy for their joint agreement to suspend the debt limit and reduce deficits by $1.5 trillion over the decade.
- “Both sides operated in good faith. Both sides kept their word,” Biden said from the Oval Office.
- Biden spoke a day after Congress passed the debt limit deal that the president said he’d sign into law Saturday, two days before the nation could have run out of ways to pay its bills.
