President Joe Biden responds to a reporter's question after speaking about the economy in the South Court Auditorium in the Eisenhower Executive Office Building on the White House Campus on Jan. 12, 2023. Virtually everything was going right for Biden to open the year. His approval ratings were ticking up. Inflation was slowing. And Republicans were at war with themselves after a disappointing midterm season. But Biden’s rosy political outlook veered into uncertainty after the Justice Department appointed a special counsel to investigate Biden’s handling of classified documents.
President Biden is set to deliver an Oval Office address on Friday night after Congress raced this week to pass a bipartisan deal to raise the U.S. borrowing limit for two years, averting a national default.
Biden will deliver his remarks at 7 p.m. ET. He will speak one day after the Senate advanced the measure in a 63-36 vote after clinching agreement on a series of amendments.
The bill passed the House on Wednesday in a 314-117 vote.
Watch Biden’s remarks live above.