Do not make me feel optimistic:
The offsets sound harmless enough, and it may not be as bad as I think, but then, no one's releasing any details yet because they haven't been worked out.
The sticker is that this is, according to Boehner, to "clean up the barn" before Paul Ryan takes over as Speaker, which is likely. Ryan is the downside. The Times' fawning description:
"Bold ideas"? Seriously? The guy's a total ignoramus when it comes to the federal budget and how it works. His "bold ideas" have amounted to "screw the little guy." Sadly, that's not even radical any more.
Given the Obama has demonstrated repeatedly that he is perfectly willing to throw the poor and elderly under the bus to please the Republicans, I have no confidence in this deal at all.
After five years of bitter clashes, Republican congressional leaders and President Obama on Monday night appeared to settle their last budget fight by reaching a tentative deal that would modestly increase spending over the next two years, cut some social programs, and raise the federal borrowing limit. . . .
The agreement would raise spending by $80 billion over two years, not including a $32 billion increase included in an emergency war fund. Those increases would be offset by cuts in spending on Medicare and Social Security disability benefits, as well as savings or revenue from an array of other programs, including selling oil from the nation’s strategic petroleum reserves. The Medicare savings would come from cuts in payments to doctors and other health care providers.
The offsets sound harmless enough, and it may not be as bad as I think, but then, no one's releasing any details yet because they haven't been worked out.
The sticker is that this is, according to Boehner, to "clean up the barn" before Paul Ryan takes over as Speaker, which is likely. Ryan is the downside. The Times' fawning description:
An accord to lift the debt ceiling and settle the spending impasse before then would free Mr. Ryan to begin his speakership without a pending crisis, and potentially empower him to pursue some of the bold ideas he has put forward previously on tax and budget policy that helped catapult him to prominence and led to his being chosen as the Republican vice-presidential nominee in 2012.
"Bold ideas"? Seriously? The guy's a total ignoramus when it comes to the federal budget and how it works. His "bold ideas" have amounted to "screw the little guy." Sadly, that's not even radical any more.
Given the Obama has demonstrated repeatedly that he is perfectly willing to throw the poor and elderly under the bus to please the Republicans, I have no confidence in this deal at all.