Biden Vows He Will Not Let US Default Over Debt Limit

Biden Vows He Will Not Let US Default Over Debt Limit

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript highlights the current administration's success in reducing the deficit by $1.7 trillion, marking the largest deficit reduction in American history. It contrasts this with the previous administration, which significantly increased the national debt. The text also praises Congress for responsibly lifting the debt ceiling three times to prevent economic disaster and calls for continued responsible fiscal actions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the national debt was added by the last administration?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker ask Congress to do?

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