Biden praises passage of debt ceiling bill in Oval Office address ahead of signing it

President described how ‘no one got everything they wanted, but the American people got what they needed’ during brief speech

Joe Biden celebrated Congress’s approval of a debt-ceiling suspension in a speech delivered from the Oval Office on Friday night, a day after the Senate passed the compromise bill brokered by the president and the Republican House speaker, Kevin McCarthy.

Biden described the bill’s enactment as “essential to the progress we’ve made over the last few years” in “keeping full faith and credit of the United States of America and passing a budget that continues to grow our economy and reflects our values as a nation”.