With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated.
Tag: National Debt (US)
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With Debt Ceiling Deal in Hand, McCarthy and Biden Turn to Task of Selling It
With the right and the left up in arms about the agreement in principle reached by the president and the speaker, both sides started to make the case for its quick passage, a tall order in Congress.
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Did Biden Find Reasonable Middle in Debt Limit Deal or Give Away Too Much?
The deal to raise the debt ceiling bolsters President Biden’s argument that he is committed to bipartisanship, but it comes at the cost of rankling many in his own party.