Quote:
Originally Posted by seattleflamer
Since you want to deal in superlatives: the Republicans get the largest spending cut in US history.
What else did the Tea Party want and didn't get in this debate? You didn't mention the repeal of Social Security and Medicare. Heck, I'm sure they are still miserable about the 16th amendment and the income tax act from 1913.
Sounds absurd to me but so does a having a constitutional amendment debate which ultimately involves going through so many hoops for a simple raising of a ceiling for money Congress has already authorized.
It is akin to passing a federal parliamentary budget that was contingent on a provision that needed to include an elected senate (or throw in the entire Charlottetown accord for that matter) which requires a constitutional amendment: a non sequitur if there was ever one, politically speaking.
All of which doesn't change the trajectory of where this debate went which was essentially spending cuts versus tax increases--the Tea Party won.
Enjoy all the savings and the double dip recession that will result.
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Tax increases are going to happen next year. Bush's tax cuts will not be continued. There is 800 billion in new taxes right there.
And perhaps you missed it but, there isn't going to be spending cuts. They are all future promises which the future Congress is not constitutionally bound to honour or even look at.