- Joe Biden emerges victorious in the debt-ceiling crisis despite Republican drama.
- Republicans showed a lack of fiscal conservatism by demanding defunding of the IRS.
- Biden's debt-ceiling deal preserves the IRS budget and spending on clean energy transition.
- Republicans used scaremongering tactics to protect their plutocratic donors.
- The final deal reduces US spending by $136bn over the next two years.
Game, set and almost match to Biden on the debt ceiling
Republican drama barely dents US president’s agenda
Edward Luce
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