Agreed. Given where we began - and who’s in the White House - this is a huge win for Republicans.
No tax increases. A two vote process. Dollar for dollar match of spending cuts for limit increase.
Best that could be done until 2012. I mean - the alternative isn’t this or some magic world where the budget can suddenly be cut 40%. The alternative is financial panic, followed by enough moderates peeling off to pass something better for the Democrats.
If the dollars spent are for 18 months and the dollars saved are over ten years, it's a 15% ratio (interest excluded). Plus it's all based on rate of growth with NO ACTUAL cuts.
Definitely not a win for anyone outside the beltway. Just sayin'
Maybe I'm missing something, but, given the dems and spending, isn't that a wash and we're back to today? I know it's late, but sure sounds like it to me. .