Biden hails debt ceiling deal and urges lawmakers to pass agreement

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President says deal struck with Kevin McCarthy protects ‘historic economic recovery’ but it needs approval from a divided CongressJoe Biden has said a bipartisan deal to raise the $31.4tn US debt ceiling and avoid a default is ready to move to Congress and urged lawmakers to pass the agreement he struck with Kevin McCarthy.“This is a deal that’s good news for ... the American people,” the president said at the White House on Sunday night after a call with McCarthy to put the final touches to a tentative deal struck the previous day. “It takes the threat of catastrophic default off ...

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