Joe Biden hails ‘big win’ as bipartisan debt ceiling bill reaches his desk

Compromise package to suspend debt ceiling passed US Senate late on Thursday with 63 votes to 36

The bipartisan bill to solve the US debt ceiling crisis just days before a catastrophic and unprecedented default was on its way to Joe Biden’s desk on Friday as the US president prepared to address the nation and hailed “a big win for our economy and the American people”.

The compromise package negotiated between Biden and House Speaker Kevin McCarthy passed the US Senate late on Thursday.