WASHINGTON (AP) — The newly struck debt-ceiling compromise between President Barack Obama and the Republican leaders of Congress represents a historic accomplishment of divided government, with all the disappointment that implies for the most ardent partisans inside the two major parties and out.
But it marks an accomplishment nonetheless between a Democratic president elected in 2008 and the Republicans who, Obama memorably said, handed his party a "shellacking" at the polls two years later.
The tea party conservatives won't like it, regretting it doesn't cut spending by more. "Someone has to say no, I will," Rep. Michele Bachmann of Minnesota said in a statement emailed from …
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