Senate Majority Leader Chuck Schumer (D-N.Y.) praised President Joe Biden for reaching an agreement with Republicans to raise the debt ceiling, telling Senate colleagues to prepare for a weekend vote on passage of the deal.
“I salute President Biden for protecting the American economy and delivering for American families by taking the threat of default off the table,” Schumer said in a letter to other senators. “I look forward to seeing the language of the agreement and reviewing it carefully.”