A bipartisan, two-year budget deal was made public yesterday from our hard working bozos in Congress. Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) have been leading the negotiations and have come up with a compromise bill to fund the federal government. The bill does sidetrack some of the sequestration cuts, especially for the military, but still manages to reduce spending by some $85 Billion dollars over the two years. Should the legislation pass both wings of Congress, it will mean that we will be spared some of the politics until well after the 2014 mid-term elections. Some in the Tea Party caucus are already denouncing the bill, but the real question will be if Harry Reid and Barack Obama will support it? If the bill passes and becomes law, then Reid and Obama will have little to trash Republicans about for the next year while the GOP beats them over the head with the Obamacare failures.
So on the one hand, the compromise budget bill will take off the table a good deal of political taboo. This will make moderates happy. On the other hand, the deal does really nothing at all about long-term debt issues. It kicks the can down the road for two years, though it is a slightly smoother road. Purists will argue that no deal is better than a bad one.
Honestly, I have not made up my mind yet on this new two-year budget deal. While I trust Paul Ryan to an extent, I do not trust Patty Murray. Nor do I believe that Harry Reid and Barack Obama will roll over and play nice. They are a true obstructionists in our government, not the Tea Party caucus. The only truly good news is that if the bill does pass we just might have a quiet, holiday season. Plus the bonus that the nation′s attention will remained focused on the Obamacare disaster, which will hurt Democrats in the 2014 mid-term elections.