Biden to say default 'crisis averted' in Oval Office address on debt ceiling deal Friday evening

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Biden to say default 'crisis averted' in Oval Office address on debt ceiling deal Friday evening
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WATCH LIVE: President Biden to discuss budget deal, debt agreement from Oval Office

WASHINGTON

“No one got everything they wanted but the American people got what they needed,” Biden was to say, according to excerpts released in advance by the White House. “We averted an economic crisis and an economic collapse.” “Passing this budget agreement was critical," Biden was to say. “The stakes could not have been higher.”

The Congressional Budget Office estimates it could actually expand total eligibility for federal food assistance, with the elimination of work requirements for veterans, homeless people and young people leaving foster care.

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