10 things you need to know today: June 3, 2023

Biden to sign legislation avoiding budget default, more than 200 killed and 900 injured in Indian train crash, and more

President Joe Biden during an Oval Office address on the debt ceiling.
(Image credit: Jim Watson / AFP / Bloomberg via Getty Images)

1. Biden to sign legislation avoiding budget default

President Biden is expected to sign a new budget agreement into law on Saturday, helping the nation avoid a catastrophic default and suspending the debt ceiling for another two years. The U.S. Treasury had previously announced that it would run out of funds this coming Monday, and the White House and Republicans worked to etch out a bipartisan budget agreement that slashes government funding but carves out additional protections for working-class Americans. The deal made its way through the House and then the Senate, and now awaits Biden's signature. During an Oval Office address on Friday, Biden said, "Passing this budget agreement was critical. The stakes could not have been higher."

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Justin Klawans, The Week US

 Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.