USA saved from bankruptcy! President Biden signs debt ceiling agreement with Kevin McCarthy

washington (Best Hindu News): America struggling with debt crisis had reached the verge of bankruptcy, but now it seems that soon America will overcome this crisis. In fact, there is almost an agreement between President Joe Biden and Republican MP and US Congress Speaker Kevin McCarthy on the debt limit. Under this agreement, it has been agreed to increase the debt limit to $ 31.4 trillion. Along with this, the tussle going on in America for about a month will also end.

According to media reports, there is no complete agreement between the two top leaders yet, but an agreement has almost been reached. There is still talk on some things and soon both the leaders will put a final stamp on the agreement. According to reports, there was a 90-minute phone conversation between President Biden and Kevin McCarthy on Saturday evening. With this deal, America, which is facing economic crisis, will get relief.

Let us tell you that if there was no agreement on the debt limit soon, then the coffers of America could have been empty, due to which there was a danger of bankruptcy of America. This would have affected not only America but the entire global economy.