US debt crisis a pawn in bipartisan dispute

NEW YORK — After weeks of passing blame and playing a game of chicken, the Republicans and the US White House have reached an agreement to raise the debt ceiling, which has been approved by the Congress. The move has at least averted economic catastrophe — for now.

Even so, the brinkmanship that both parties have been accustomed to has turned the debt ceiling issue into a "time bomb" that threatens the US and the global economy, while the deep-rooted debt issue remains unresolved, which has the mainstream media and experts from around the world worried.

Political football