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In a statement, President Biden described the agreement as a compromise which was good for the country "because it prevents what could have been a catastrophic default and would have led to an economic recession, retirement accounts devastated, and millions of jobs lost".
Mr McCarthy, for his part, referred to "historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce".
> lift people out of poverty and into the workforce
Fat fucking chance when this makes them homeless! They got a mortgage because they thought their student loans were gone. Now they're screwed