Showing posts from June 21, 2011

High Time for Republicans, Democrats to agree fiscally

Business Times - 22 Jun 2011 High time for Republicans, Democrats to agree fiscally By LEON HADAR WASHINGTON CORRESPONDENT WASHINGTON'S two leading political rivals made history over the weekend when they decided to leave their differences behind and work together to win a major victory. Indeed, US President Barack Obama and the Republican Speaker of the House, John Boehner, playing a golf match as a team on Saturday, defeated Vice-president Joseph Biden and Republican Ohio governor John Kasich. It was only a friendly game of golf, but the event seemed to have acquired some political overtones. Observers wonder if the opposing Democratic and Republican sides facing each other in a long and exhausting legislative fight will be able to agree on a deal over the US federal budget. The White House said in a statement that the president and Mr Boehner defeated their counterparts on the 18th hole, each winning US$2. 'The foursome had great time and really enjoyed playing golf,' th