Biden to sign bill raising the US debt ceiling on Saturday

“Finding consensus across partisan differences is difficult. Unity is difficult, but we must never stop trying,” the 80-year-old Democrat said from his famous desk in a short address.

Democrats and Republicans discussed raising the US debt ceiling, currently at $31.45 trillion.

After several weeks of very difficult negotiations with the Republican opposition, Biden wanted to renew ties with the message of reconciliation that he already used during his inauguration in January 2021.

“Without unity there is no peace,” said the Democrat who took office shortly after the January 6, 2021 assault on the Capitol by supporters of his predecessor, Donald Trump.

Biden, who is running for re-election in 2024, took the opportunity to promote his economic and social results, as well as other of his projects.

He mentioned his initiative for higher taxes for the richest and declared to his compatriots “I am going to fight again and with your help I am going to win.”

The US Congress this week adopted the bill that suspends the country’s federal debt ceiling until January 2025, and also sets certain limits on federal spending.

Without said agreement, the United States risked a default or cessation of payments of its obligations as of Monday, June 5.