This was considered an unexpected achievement, as both Biden and McCarthy were facing criticism and low expectations due to the political climate in Washington.

The deal was reached after months of tension and negotiations between the two leaders, who were on opposing sides in the political war.

The agreement was seen as a sign of cooperation between the opposing parties and a reminder that even in a divided government, bipartisan solutions are possible.

The US government has avoided a debt default following negotiations between President Biden and Speaker McCarthy.

Biden was able to secure authorization for government borrowing for two years, while McCarthy was able to force Biden into negotiations and get his party to climb down on most of their demands.

However, this victory is seen as empty by some political experts, as both parties had to compromise and neither got everything they wanted.

The speaker faced down unruly members of his own party, but anger at his perceived sell-out to Biden could lead to a push for his removal.

Ultimately, the main goal of preventing economic disaster was achieved, but it is not seen as a great legislative or political success.