On Saturday, President Joe Biden signed the debt ceiling settlement, H.R. 3746, the “Fiscal Accountability Act of 2023,” into legislation. The laws suspends the debt ceiling and contains federal spending cuts. Biden inked the deal simply two days earlier than the Treasury Division projected a possible default on the nation’s money owed. This marks a conclusion to months of intense partisan wrangling.
The debt ceiling deal confronted a difficult panorama as Republicans took management of the Home,…
