No images? Click here 31 May 2023Biden bringing back bipartisan bartering?President Joe Biden and Republican Speaker Kevin McCarthy reached a bipartisan agreement to raise the US debt ceiling until after the 2024 election, in exchange for a range of cuts to discretionary spending and changes to social welfare programs. As United States Studies Centre (USSC) Director of Research Jared Mondschein writes in a new article for The Conversation, the fact that both Republican and Democratic leaders are claiming victory in the deal is a rare sign that bipartisan compromise is still possible in a Washington often seen as wholly dysfunctional by the American public. Foreign Policy and Defence Research Fellow Tom Corben and Research Associate Alice Nason argue that while the cancellation of President Biden's visit to Australia to focus on the debt negotiations was a missed opportunity to strengthen US ties in the Indo-Pacific, the potentially catastrophic impacts of a default would be far worse for the region. The likely passage of the 99-page budget agreement would spare both the United States and the world from the economic fallout of such a scenario. NEWS WRAPAir Force Chief new top gun at JCS
EVENTHow Australia can navigate US-China economic battlesStrategic competition between the United States and China, Australia’s most important ally and largest trading partner respectively, means Australia must maintain a delicate balancing act. China has recently begun removing restrictions on Australian imports in signs of improved bilateral relations, even as it threatens economic coercion in other areas of the region. With an uncertain global economic outlook and rising tensions across the Indo-Pacific, questions of how Australia should engage with China's economy have never been more important. To discuss these questions, please join us for a discussion with Rhodium Group founding partner and USSC Visiting Fellow Daniel Rosen in conversation with USSC Economic Security Program Director Hayley Channer. TYPE WHEN WHERE COST ![]() "We've reached a bipartisan budget agreement that we're ready to move to the full Congress." President Joe Biden in remarks on the debt ceiling deal | 28 May 2023 With the long-awaited and awkward crash landing of Florida Governor Ron DeSantis’ presidential announcement, we stare down a whole new series of questions about what could happen before next November. Is DeSantis a more electable candidate than Donald Trump? Can he magically pry away Trump’s loyal base to win the primaries and then nimbly change tact to persuade a new cohort of voters to win the general in November? Does DeSantis’ politics work outside of Florida? Why does Trump keep calling him ‘meatball Ron’? In a time where the word ‘unprecedented’ is becoming less and less unprecedented as a descriptor of US politics, the dissatisfying answer to all the new questions cropping up around DeSantis’ presidential run is: we just do not know. And, being a little over 38 weeks away from Super Tuesday and over 500 days away from the 2024 presidential election, I dare not try and make a prediction. So, in a reach for predictability and to attempt to answer what a DeSantis presidency means for Australia, the question we need to ask is what would a hypothetical DeSantis presidency mean for US foreign policy and the US view of its role in the world? To answer that, we need to do exactly what DeSantis has done to secure his victories in the past: look to President Trump. This is an excerpt from a new USSC article. VIDEO How to stop a Cold War from becoming hot: Lessons from Ronald ReaganOn 25 May, USSC held a public event discussing lessons from the end of the Cold War for modern day competition with China, featuring CEO Dr Michael Green in conversation with USSC Visiting Fellow Dr William Inboden, who is the Executive Director and William Powers, Jr. Chair at the Clements Center for National Security at the University of Texas-Austin and author of The Peacemaker: Ronald Reagan, The Cold War, and the World on the Brink. Catch this and other recent events on the USSC YouTube channel! BY THE NUMBERS US voters worried about lack of compromiseUSSC polling from September last year shows that Americans are overwhelmingly concerned about the lack of compromise between Republicans and Democrats, with 57 per cent saying they are "very concerned". Despite this pessimism, as USSC Director of Research Jared Mondschein writes in a new article, the successful reaching of a deal will, "remove one more obstacle to a better-functioning Washington, where political brinkmanship has continued to challenge an otherwise significant resurgence of US strength at home and leadership abroad." Coming soon: New USSC podcastThe USSC is about to launch a new podcast, the USSC Briefing Room, to give listeners a seat at the table for a USSC briefing on the latest in US news and foreign policy. Click below to email us and be notified when the first episode is published. Manage your email preferences | Forward this email to a friend United States Studies Centre |