They are better off just passing a debt hike with the first round of cuts, and calling it a day. On to 2012 without creating this monstrosity of a super committee with all the fallback provisions. This is looking to be the turkey we all feared it would be.
Agreed - the problem was the Donks didn’t want their Dear Leader to have to face this in his re-election and refused to approve any deal that exposed him to that.
Sad thing is, I don’t think it’ll matter much for Obozo.
They couldn’t just cut spending without creating a Rube Goldberg machine, like the way they did with Health Care Deform.