President Obama wanted three things from the debt-ceiling fight: trillions in new borrowing authority, status quo on spending and no more drama before his shot at re-election. He got everything. [Snip] GOP leaders claim they cut the best deal possible in a divided government. [Snip] That’s an exaggeration. The bill would cut a minuscule $7 billion in 2012 and $3 billion total in 2013 - the only enforceable years. Meanwhile, the nation will continue to borrow at a rate of $100 billion a month. The second tranche of “cuts” will be left up to a new bipartisan committee tasked with...