The major implication of “bipartisan” stems from the fact that our country is not bipartisan at this point in time. To understand why this is so, let us look at what “bipartisan” means.
Our political system has two major parties. These parties are, of course, rivals. When a person is dedicated to advancing the interests of their party, we say that they are “partisan.” When something is “bipartisan,” it has support from both parties. In our country today, there are very few things that have bipartisan support and there are very few people who are willing to engage in bipartisanship.
The implication of this is that we have a system that is hopelessly gridlocked. The country is fairly evenly divided between Republicans and Democrats. The Republicans control the House of Representatives while the Democrats control the Senate. In order for anything to pass, it needs bipartisan support. The problem is that hardly anything has bipartisan support so needed reforms cannot be undertaken. This is why we are stuck with no way to control our deficit and with no way to reform entitlements.
Thus, the implication of “bipartisan” is gridlock. Because we lack bipartisanship, we have gridlock and nothing gets done.