[Hoodat]

This is a total victory for the Democrats. They got the debt ceiling increased by $2.5 trillion to cover a 16-month period. And now after having raised discretionary spending by 40% over the last three years, they only face a cut of $50 billion. In return, they get $50 billion in defense cuts - something they have always wanted, but never could get Republican cover for it. Now they have that cover. And on top of that, the infamous 'Bush Tax Cuts' will automatically expire.

Review:
Democrats get to keep the huge spending increases implemented in 2009 for the duration of Obama's term.
Deficit spending will remain at $1.8 trillion for the next 12 months.
Bush tax cuts get repealed.
Defense spending gets cut.
Republicans get the blame.

Once again, John Galt's axiom is proven true. In any compromise between good and evil, it is only evil that can profit.

[Captain Kirk]

The Democrats, who deep down love the warfare state as much as the welfare state, won’t “win” anything if the GOP calls Obama’s bluff and embrace sequestration. Cutting the Pentagon is the last thing Obama wants as shown by the recent comments of Leon Panetta, a confirmed shill for the military industrial complex.