Analysis: Political leaders averted disaster but must find a better way to handle fiscal problems.
measure, both of which were approved during the last Congress, as evidence that his vision for bipartisanship can be realized.
Biden also has demonstrated anew an understanding of the rhythms of legislative dealmaking, no surprise given the 36 years he spent in the Senate. There were times not many weeks ago when the two sides seemed to have irreconcilable differences, with Republicans and Democrats firmly dug in. But his public optimism about an eventual resolution once the negotiations began was an example of what long experience brought to the table., cutting deals with hard-liners like Rep.
Biden wanted a clean debt limit bill and said that was nonnegotiable. Passage of the House bill in late Aprilhis hand. Maybe Biden knew that was inevitable, given that Democrats no longer had the majority in the House. Once the deal was struck with the White House and the votes were needed to approve it, McCarthy held firm against the most conservative faction in his conference who opposed it and rallied the rest of the Republicans to produce overwhelming support for the final package.
So two cheers for bipartisanship. But no one should get carried away. Republicans manufactured a crisis by using the danger of default and thethat could have been done to the economy to demand what they could not have gotten otherwise. They insisted on concessions from the Democrats simply to do what previous Congresses have done repeatedly, which is authorize payment for past spending by giving the government more power to borrow money. The debt ceiling hasspent or authorized to spend.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Haley Carmona pitches undefeated New Braunfels Canyon to 5A state softball championshipCarmona tossed a two-hit shutout, and Markaylee Maldonado’s two-run triple through the right side in the bottom of the sixth was all the offense the Cougarettes needed to advance to the 5A championship game.
Leer más »
2 adults wounded after gunman opens fire on vehicle carrying children in EnglewoodTwo people were shot inside a vehicle in Englewood Friday night while two children were present.
Leer más »
USD/INR Price Analysis: Faces resistance around 82.40 as USD Index drops furtherThe USD/INR pair has sensed selling pressure around 82.40 in the Asian session amid a sheer sell-off in the US Dollar Index (DXY). The USD Index fell
Leer más »
Analysis | Let Ron DeSantis identify however he wantsIt is by no means unusual for people with last names rooted in foreign languages to adjust how those names are pronounced.
Leer más »
Political sign lands veteran in free speech debate with policeLee Yoshimatsu knew the political sign in his yard would get attention. What he didn’t anticipate was multiple visits from Wickenburg police officers telling him that the sign was illegal. MORE ⬇️
Leer más »
WTI Price Analysis: Oil buyers approach $71.00 but recovery appears elusiveWTI crude oil remains mildly bid around mid-$70.00s as it defends the previous day’s recovery from a one-month low heading into Friday’s European sess
Leer más »