Waking Up To Part 2 Of The Deal
Ezra Klein, a supporter of The Deal, now frets about Part 2:
[There will be] a new fight in February over the spending bill that will take the government through to 2012. House Republicans are already talking about cutting back to 2008 levels -- which would require about $90 billion in cuts, and wipe out much of the stimulus in the recent tax deal. [. . .] Republicans will have both a government shutdown and a fiscal crisis to tie to the proverbial train tracks. Will Obama and the Democrat be willing to risk it? Some say they will. [. . .] More pessimistic voices, however, wonder whether a president who wouldn't permit a a modest tax hike will be any more daring when hundreds of thousands of federal workers and the credit of the United States of America are on the line. I'm closer to the pessimists, myself.[. . .]
(Emphasis supplied.) The Deal was a terrible mistake.
Speaking for me only
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