WHAT A DEAL !

“But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.”

–Thomas Jefferson, 1789

The "deal" on raising the debt limit  agreed to by Senate Majority Leader Harry Reid (D-NV), House Speaker John Boehner (R-OH), and President Barack Obama over the weekend is Washington politics to screw America without any kisses or foreplay: Cut $2 trillion from federal spending over a decade in return for adding $2.4 trillion to the current $14.3 trillion debt this year. Why does compromise in Washington mean spend more now and cut spending down the road? Because they are spending YOUR money...Why? Is it a good "deal to raise the debt ceiling now, and cut spending over 10 years.. It's not. It's a deal cut under pressure so Obama can attend his birthday parties with taxpayers footing the bill.. It's so Obama won't have to look like the spending buffoon he is until after the 2012 elections. It's to keep Obama from sinking under the weight of his Marxist agenda to spend America into poverty. Default let Obama recognized for what he is, "An empty suit with no experience in economics with a teleprompter.. What a deal! be ###

·       We're not the only ones who aren't happy, either. The New York Times editorialized against the "hostage-taking demands of Republican extremists," and Rep. Emmanuel Cleaver (D-MO) called it a "sugar-coated Satan sandwich." If they feel that way about cuts in growth rates over 10 years, just imagine what they would say if spending were actually cut. Fortunately, the deal includes no tax hikes, and that's a Tea Party victory that will help the economy.

All things considered, this deal is just about as good as we could hope for without controlling the Senate or the White House, and it's a launching pad for gaining just that in next year's election. The Patriot Post 

·      Government

"House Speaker John Boehner (R., Ohio) told GOP members on a conference call Sunday evening that he had reached a deal with congressional leaders and the White House, but that it wouldn't happen 'unless we have membership on board.' It remains to be seen how many House Republicans will end up supporting the final package, but members on the call told National Review Online they thought it would ultimately pass with bipartisan support. ... Members described the tone of the call as overwhelmingly positive, with many praising Boehner's efforts in the negotiations. ... According to sources, Boehner said the deal was 'the best that we could get.' In particular, he thanked the 87 freshman members for their input, without which 'we wouldn't have gotten this far.' ... Freshman Rep. Marlin Stutzman (R., Ind.) told NRO that with 'the most liberal president we've ever had' occupying the White House, the Tea Party and the conservative movement have done all right for themselves. 'I think the Tea Party needs to take credit for changing the dialogue in Washington to be about cutting spending,' he said. 'But whether I vote for this plan or not, it's not enough. This isn't the end of the fight.' ... Boehner told members he would like to vote on the plan as early as Monday night, and apologized for the short notice. Leaders will meet with the entire conference Monday to further discuss the details of the plan." --National Review's Andrew Stiles