Biden signs debt ceiling bill: 'The stakes could not have been higher'

A default would have sent shockwaves through the U.S. and global economies.

[DKBZA]

translation: "we have dynamited the credit card. But now we get a new one without having paid the previous one"

[zerosteel]

The government wasn't about to go into default. They would have kept pushing it back and pushing it back. We've been through this drama every year and it's always the same.

[bloodybutcherb]

The government finds more ways to increase inflation. I fixed the title for you

[JTSam]

Remember it's everyone fault where in this predicament, except for his.

[flubnumb]

Soooo...doing his job is an accomplishment?!😂

[williamppl]

Yes! As a certified economist, I will say this is a great move and will improve America.
Biden will go down as the best president ever! Voting for him was the best choice.

[Umadeabadmistake]

biden had to be reminded what his name was.