Biden expected to sign debt ceiling bill, deliver remarks from White House

President Biden is expected to sign legislation that suspends the debt ceiling and curbs federal spending as early as Friday, and plans to deliver remarks from the White House on the bipartisan measure that will avert an unprecedented U.S. government default.

The White House has announced that Biden will speak from the Oval Office on Friday at 7 p.m. Eastern. In a tweet late Thursday, Biden said he plans to sign the bill into law “as soon as possible.”