It is a big deal because the Senate was holding up this bill over taxes. 0bama just threw Reid under the bus.
why do you say that? Reid’s bill didn’t have any taxes. The dems were always willing to forget about taxes. The fact taht they didn’t raise them in 09-10 and even extended them another 2 years shows they don’t really care about them and they’re just using the issue to whip up their base.
i’m not saying this deal is bad. But I think it could have been so much better. I think if the GOP held firm through tomorrow and into Monday they could have gotten far more. I think they could have gotten CCB passed, or at the least passage of a BBA and have it sent to the states, along with everything else they have in this deal.
The other great thing about this is that it’s going to make his base even more mad at him. They were already mad before because they thought he was giving too much with no tax increases, but they’re going to be fuming now. Indy’s were mad at him for his lack of leadership on this and trying to scare seniors that they weren’t going to get paid. He’s really in a lose/lose situation now and may see his numbers continue to drop. Oh well...it’s all self-inflicted. He wanted to play chicken and thought the Reps would flinch last week.
It’s worse than that. Obama put Medicare on the chopping block. The liberals in the House such as Conyers will lose their minds over this.
Of course, the “deal” is ridiculous. It does nothing to stave off a financial collapse, which now is inevitable. The only question is when?