US President Biden is delivering remarks on the debt limit agreement – “Good news” | Forexlive

Adam had the earlier breaking events:

US President Biden is speaking from the White House now. There is very little of substance so far.

• Says he spoke with Speaker McCarthy and that they reached a bipartisan agreement
• Good news for the American people
• the agreement protects key priorities
• urges COngress, both chambers, to pass the agreement
• people will find he didn’t make too many concessions
• did not make a compromise on debt ceiling, made a compromise on budget
• expects McCarthy has the votes to get it passed in the House of Representatives

Biden on McCarthy:

• “He kept his word. He said what he would do. He did what he said he’d do. And I have no idea if he has the votes. I expect he does. I don’t think he would have made the agreement” otherwise.