{"id":1943196,"date":"2023-06-02T18:58:02","date_gmt":"2023-06-02T22:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-to-laud-crisis-averted-from-debt-ceiling-deal-in-first-oval-office-address\/"},"modified":"2023-06-02T19:00:47","modified_gmt":"2023-06-02T23:00:47","slug":"biden-to-laud-crisis-averted-from-debt-ceiling-deal-in-first-oval-office-address","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-to-laud-crisis-averted-from-debt-ceiling-deal-in-first-oval-office-address\/","title":{"rendered":"Biden to laud \u2018crisis averted\u2019 from debt ceiling deal in first Oval Office address"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-to-laud-crisis-averted-from-debt-ceiling-deal-in-first-oval-office-address%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1943196&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Biden Declares &#8220;Crisis Averted&#8221; in First Oval Office Address<\/h2>\n<p>By Jeff Mason<\/p>\n<p>In his first address from the White House&#8217;s Oval Office, U.S. President Joe Biden declared a &#8220;crisis averted&#8221; and touted the passage of a bill to raise the U.S. <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/even-with-full-control-of-government-democrats-massive-wish-list-is-stalling\/\" title=\"Even With Full Control Of Government, Democrats\u2019 Massive Wish List Is Stalling\">debt ceiling<\/a> and curb spending. The issue has dominated Washington and roiled investors in recent weeks, but had little impact on most American voters. <\/p>\n<p>After nail-biting negotiations, both the Senate and the House of Representatives passed a bill that lifts the government&#8217;s $31.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dems-reject-matched-spending-cuts-setting-up-debt-ceiling-showdown-with-gop\/\" title=\"Dems Reject Matched Spending Cuts, Setting Up Debt Ceiling Showdown With GOP\">4 trillion debt ceiling<\/a>, averting what would have been a first-ever default as early as June 5. <\/p>\n<blockquote>\n<p>&#8220;Essential to all the progress we&#8217;ve made in the last few years is keeping the full faith and credit of the United States and passing a budget that continues to grow our economy and reflects our values as a nation,&#8221;<\/p>\n<p>Biden will say, according to excerpts released ahead of time by the White House.<\/p>\n<p>&#8220;And that&#8217;s why I&#8217;m speaking to you tonight. To report on a crisis averted and what we are doing to protect America&#8217;s future. Passing this budget agreement was critical. The stakes could not have been higher.&#8221;<\/p>\n<\/blockquote>\n<p>The White House said Biden was making his remarks from the Oval Office because of the gravity of the situation had the debt ceiling not been raised. U.S. presidents have generally reserved an address from the Oval Office for the most significant and dramatic of events, such as the attacks of Sept. 11, 2001, or the Challenger space shuttle explosion. <\/p>\n<h3>Biden&#8217;s First Address from the Oval Office<\/h3>\n<p>Biden, who came into office in January 2021, has spoken before to the nation during &#8220;primetime&#8221; hours, including his State of the Union addresses from the Capitol and a speech from the White House East Room during the COVID-19 pandemic. But the Friday night address is his first from the Oval Office, a setting that highlights the power and authority of the presidency, as Biden seeks a second term against a growing field of Republican candidates. <\/p>\n<p>Fitch Ratings said on Friday the United States&#8217; &#8220;AAA&#8221; credit rating would remain on negative watch, despite the agreement that will allow the government to meet its obligations. <\/p>\n<h3>Other News<\/h3>\n<ul>\n<li>The President of the Crime Prevention Research Center, Dr. John Lott, tells One America news that despite a ruling from a federal judge in Texas, a new order from the Bureau of Alcohol, Tobacco and Firearms regulating pistol stabilizing braces has made felons out of millions of otherwise <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-had-a-record-number-of-mass-shootings-in-2020\/\" title=\"US Had A Record Number Of Mass Shootings In 2020\">legal gun owners<\/a>.<\/li>\n<li>As the Polish government faces backlash over a tweet invoking the Holocaust, one weighs in on the conflict.<\/li>\n<li>Reports say federal prosecutors have an audio recording where former President Trump acknowledges he has a classified Pentagon document about a possible attack on Iran.<\/li>\n<li>The Biden administration is slapping more sanctions on Iranians over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-dept-issues-sanctions-against-iranians-over-assassination-plots-on-u-s-officials\/\" title=\"US Treasury imposes sanctions on Iranians for plotting to assassinate American officials.\">alleged assassination plots<\/a>.<\/li>\n<li>Japan&#8217;s privacy watchdog said on Friday it has warned OpenAI, the Microsoft-backed startup&#8230;<\/li>\n<li>The Republican chairmen of two House of Representatives panels on Friday urged President Joe Biden&#8217;s administration&#8230;<\/li>\n<li>Alphabet Inc&#8217;s YouTube said on Friday that the platform would stop removing content that might have spread false claims related&#8230;<\/li>\n<li>A U.S. judge on Thursday approved a $415 million class-action settlement resolving claims that online gaming companies&#8230;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden will declare a \u201ccrisis averted\u201d on Friday in his first address from the White House\u2019s Oval Office to tout the passage of a bill to raise the U.S. debt ceiling and curb spending. Advertisement Biden, a Democrat, will speak at 7 p.m. ET (2300 GMT) about<\/p>\n","protected":false},"author":66,"featured_media":1943197,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[4795,26728,3620,10142,6170,3715,5487,28181,5660,16457],"class_list":["post-1943196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-address","tag-averted","tag-biden","tag-ceiling","tag-crisis","tag-deal","tag-debt","tag-laud","tag-office","tag-oval"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1943196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1943196"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1943196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1943197"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1943196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1943196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1943196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}