Sino-US ties in times of fiscal cliff
By Dan Steinbock | China Daily | Updated: 2013-01-09 08:07
The recent mini-deal to help the United States avoid the fiscal cliff is just another timeout. In the next few weeks, a highly divisive showdown is likely to take place in Washington.
Only 6 percent of the 234 Republicans in the US House of Representatives are from congressional districts where Barack Obama won in the last presidential election. Also, Obama won only one of the 13 states - just 7 percent - where 14 Republican senators will seek re-election in 2014.
In his second term, President Obama hopes to work on his legacy, whereas congressional Republicans have fewer incentives for compromise since they must worry about their re-election.
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