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BREAKING
Commander-in-Chief of Iran’s Islamic Revolution Guard Corps, Major General Mohammad Pakpour: If the enemy makes a mistake, we will respond forcefully, just as we have over the past 12 days
Macron: Reaffirmed importance of using the path of negotiations regarding Iran's nuclear capabilities
Macron: Told 'Israel's' Netanyahu that he shares with him the objective that Iran should never have nuclear weapon
Macron: Reaffirmed to 'Israel's' Netanyahu the need for ceasefire in Gaza
Macron: Spoke to Netanyahu, highlighted mportance of respecting 'Israel'/Iran ceasefire
Iranian Health Ministry: Israeli aggression on Iran has resulted in the martyrdom of 627 people and the injury of 4,870 others across various provinces of the country
Khatam al-Anbiya Headquarters mourns its commander, Ali Shadmani, who succumbed to severe wounds sustained during last week's Israeli aggression on Iran
Hamas: Any agreement must guarantee a cessation of aggression and war against our people, a permanent ceasefire, and a complete withdrawal of occupation forces from the Gaza Strip
Hamas: We affirm our continued positive engagement with the mediators' efforts and with any serious ideas or proposals that could lead to a comprehensive agreement
US President Donald Trump: US will talk with Iran next week

White House 'confident' Biden will sign debt bill

  • By Al Mayadeen English
  • Source: Agencies
  • 3 Jun 2023 00:15
2 Min Read

The White House expressed confidence that the bill would be signed before the deadline of June 5.

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  • White House 'confident' Biden will sign debt bill
    White House press secretary Karine Jean-Pierre speaks during the daily briefing at the White House in Washington, Thursday, July 7, 2022 (AP)

According to White House Press Secretary Karine Jean-Pierre, the White House is confident US President Joe Biden will sign the debt ceiling bill before the deadline of June 5.

During a press conference, Jean-Pierre stated that "We are not nervous. We feel confident that [the bill] could be signed as soon as tomorrow, before June 5."

The US House of Representatives passed a bill suspending the $31.4 trillion debt ceiling on Thursday with broad bipartisan support after Democrats and Republicans joined efforts to pass the bill, narrowly dodging a catastrophic default in the US.

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The bill passed the House 314-117, which means the legislation has until Monday to be enacted by the Senate and signed at the Oval Office by Joe Biden, otherwise, the United States will be in trouble, as that is when the federal government is expected to run out of money.

In the wake of the bill passing the House, US President Joe Biden said the deal was "good news for the American people and the American economy," calling on the Senate to pass it at the earliest chance possible so that he could sign it into law.

This comes after a long period of uncertainty regarding the future of the country's debt situation after deliberations on raising the debt ceiling were postponed countless times due to diverging points of view.

Biden said Friday that the country was on the verge of resolving the debt ceiling issue that has been stocking concerns about the US defaulting on its debt, assuring the public regarding the then-looming crisis.

Moreover, US Treasury Secretary Janet Yellen said the country would be defaulting on its debt on June 5 unless a deal is reached before then, saying the US had very few days before running out of money.

  • US debt
  • US debt default
  • US debt ceiling
  • United States
  • US President Joe Biden

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