Biden signs debt ceiling bill after months-long standoff, avoiding default
Kevin McCarthy, the House speaker, secured a number of cuts on federal spending, with the borrowing limit suspended until 2025
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![Biden signs debt ceiling bill after months-long standoff, avoiding default]()
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Biden and McCarthy reach a final deal to avoid US default
Joe 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, the leader of the Republican-majority House.
![Biden and McCarthy reach a final deal to avoid US default]()
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Biden says debt deal ‘very close’ even as two sides far apart on work requirements
US debt ceiling talks continue with new 5 June deadline
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Biden announces 2024 reelection bid: ‘Let’s finish this job’
US President Joe Biden has announced that he will seek re-election for the presidency in 2024, with Vice-President Kamala Harris again his running mate
![US President Joe Biden has announced that he will seek re-election for the presidency in 2024, with Vice-President Kamala Harris again his running mate]()
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Biden says Putin arrest warrant 'justified'
Joe Biden has said Vladimir Putin clearly committed war crimes and that the international criminal court’s decision to issue an arrest warrant for the Russian leader makes a “very strong point”.
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Biden tells US to have confidence in banks after 2 collapse
“Your deposits will be there when you need them,” he said.
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Biden budget seeks big deficit cuts in challenge to GOP
Biden’s budget would seek to close the “carried interest” loophole that allows wealthy hedge fund managers and others to pay their taxes at a lower rate, and prevent billionaires from being able to set aside large amounts of their holdings in tax-favored retirement accounts, according to an administration official.
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Biden to tax high-earners to save Medicare
The tax increase from 3.8 percent to 5 percent on earned and unearned income above $400,000 is part of a package of proposals aimed at extending the solvency of Medicare’s Hospital Insurance (HI) Trust Fund by at least 25 years, the White House said in a statement.
![Biden to tax high-earners to save Medicare]()
