President Obama has called the debt deal brokered by the U.S. Senate that reopens the federal government and saves the nation from defaulting on its debts as some kind of victory.
It isn’t.
http://thehill.com/homenews/administration/328985-obama-hails-debt-deals-passage-as-lifting-cloud-of-unease
It delays the next fight, which is going to occur early in 2014 when the federal government will come up against the next debt ceiling deadline and when the government runs out of money to keep many “non-essential” agencies running.
Sens. Mitch McConnell and Harry Reid struck a deal early Wednesday. The Senate approved it; then the House of Representatives followed suit.
The whole scene produced a disgraceful display of brinkmanship, showmanship, posturing, demagoguery and cheap politicization. In my view, the bad guys continue to be the tea party wing of the House Republican caucus, which fought almost to the very end to defund the Affordable Care Act and pursued that tactic as a method of getting their way.
What now? Well, members of Congress are supposed to begin meeting to hammer out a “permanent” budget solution. Good luck with that. Count me as one American who has no faith — zero, none — that Congress will negotiate any kind of long-term agreement that will prevent this kind of nonsense from recurring in the near future.