WASHINGTON – The deal struck by Democratic President Joe Biden and Republican House Leader Kevin McCarthy last weekend to raise the debt ceiling and avert the United States defaulting on its debt represents a victory for each leader.
It also marks a triumph for bipartisanship, signalling that Washington’s two main parties can still come together to work out solutions to national problems that would have sent shockwaves around the globe if left unresolved.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you