Senate Clears Debt Deal to Avert Default

The video explains a deal that suspends the US debt ceiling until 2025, freezing domestic spending at 2023 levels while slightly increasing defense spending. It highlights Republican-driven restrictions and the preservation of Biden's key achievements. The legislative process involved potential delays in the Senate, but a compromise was reached swiftly. The deal is set to be signed by President Biden, who will address the nation in a speech.

What is the duration for which the debt ceiling is suspended according to the deal?

• Until 2023

• Until 2024

• Until 2026

• Until 2025

Which spending category is not affected by the freeze at 2023 levels?

• Education

• Medicare

• Infrastructure

• Defense spending

What was one of the key achievements of President Biden that remained untouched in the deal?

• Healthcare reform

• Tax cuts

• Immigration policy

• Inflation Reduction Act

What was a potential issue in the Senate that could have delayed the bill's passage?

• Lack of quorum

• Presidential veto

• Proposed amendments

• Filibuster

Who is expected to sign the bill into law after its passage in the Senate?

• Vice President

• Speaker of the House

• President Biden

• Chief Justice