On May 29, US President Joe Biden, while delivering remarks on the looming threat of a US default, said the only way forward for the US is a Bipartisan Budget Agreement and urged Congress to pass the agreement.
Biden said, “We’ve reached a bipartisan budget agreement that we’re ready to move to the full Congress, and I think it’s a really important step forward. The agreement prevents the worst possible crisis—a default, for the first time in our nation’s history.”
“The Speaker and I made clear from the start that the only way forward was a bipartisan agreement; that agreement now goes to the United States House and to the Senate. I strongly urge both chambers to pass that agreement. Let’s keep moving forward on meeting our obligations and building the strongest economy in the history of the world,” he added.
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