President Joe Biden and House Speaker Kevin McCarthy have brokered a deal to prevent the United States from defaulting for the first time in its history. However, Congress still has to approve it.
Most Americans definitely had better things to do on Saturday night than dealing with the American debt dispute. It’s also a long weekend, on Monday Memorial Day is celebrated in memory of US soldiers who died on duty. Yet in that moment of leisure and celebration, the conversation took place that could have saved the United States and the rest of the world from a most uncomfortable economic crisis.