Biden to give prime-time address on debt ceiling deal that averts default
Biden's expected to tout the bill as a win for Americans, and proof of his ability to keep the nation on track, amid the backdrop of his 2024 reelection campaign. President Joe Biden will address the nation in a prime-time speech Friday after Congress averted an economically disastrous default by just days by passing legislation to raise the nation's $31.4 trillion debt ceiling . The president is scheduled to speak at 7 p.m. Eastern from behind the Resolute desk in what will be his first Oval Office address. Biden is expected to tout the deal he made with House Speaker Kevin McCarthy as a win for American families, and proof of his ability to compromise to keep the nation on track, themes he's using in his 2024 reelection campaign. "Our work is far from finished, but this agreement is a critical step forward, and a reminder of what's possible when we act in the best interests of our country," Biden said after Senate passage of the measure late Thursday, ...