Washington leaders responded on Sunday to the bipartisan Fiscal Responsibility Act, a deal reached between House Speaker Kevin McCarthy, R-Calif., and President Biden to evade defaulting on the country’s financial obligations.
Both McCarthy and Biden held their posture as long as they could with a looming deadline of June 5, and on Sunday, reached a final agreement with just days to spare.
“The Fiscal Responsibility Act does what is responsible for our kids, what is possible in divided government, & what is required by our principles,” McCarthy said on Twitter. “Republican resolve achieved this transformative change to how Washington works.”
Senate Republican Leader Mitch McConnell of Kentucky issued a statement in response to the agreement on Sunday evening.
BIDEN SAYS BUDGET DEAL REACHED, TAKES ‘CATASTROPHIC DEFAULT’ OFF THE TABLE
“The United States of America will not default on its debt,” he said. “Today’s agreement makes urgent progress toward preserving our nation’s full…
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