Warning: obstruction ahead

Posted: January 2, 2013 in Pres. Barack Obama, The Economy, Ugliness American Style
Tags: , ,

Well Congress finally did it….they got off their fat entitled asses and passed a compromise to avoid the Fiscal Cliff. Many on the left are complaining that the President negotiated away too much. However, they aren’t acknowledging that he kept Social Security and Medicare safe from the GOPs grasping hands and he still managed to get the party of Grover Norquist to agree to an increase in taxes. It boils down to this-the President managed to get Congress to agree to something like 47:1 ratio. In other words, for every $47 spent there will be $1 in spending cuts. Plus the biggest tax increase will hit those individuals who make more than $400,000 a year and families that make more than $450,000. That sounds like a damn fine deal to me.

Unfortunately what isn’t taken care of by the deal is the Sequestration, which has been delayed for another two months. At which point House Republicans will cause another standoff. And a whole lot of ugliness will ensue yet again. But for now, we have a little peace.

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Comments
  1. alopecia says:

    “But for now, we have a little peace.”

    Very little, I’m afraid.

    John Boehner has publicly said he won’t be negotiating one-on-one with Barack Obama again; instead, he’s simply going to let the House Rs pass legislation and send it on to the Senate without regard to what will happen to it there. On the Senate side, Mitch McConnell (whom Ed Kilgore at Washington Monthly today called “insufferable”) has declared that there will be no discussion of taxes—not about rates, not about loopholes, not about anything else—in any upcoming negotiations over the Sequester and debt ceiling, only discussion of (presumably purely domestic) spending cuts.

    Welcome to 2013. It already feels familiar.

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