Now I mentioned that there are some Democrats and Republicans that don't like this deal. But now it seems there might be enough support in the House for it to pass. It also looks like Joe Biden is the one that was able to make a deal with McConnel as opposed to Harry Reid, I'll get into the details tomorrow, it's awesome.
The reason congress has been in such a rush to get a deal now is because of the markets, they open tomorrow and they want a deal.
This shows the priorities that this congress has. Take the farm bill, congress just didn't want to make a new deal for another five years, instead they just kinda sat on it until finally to coming to an agreement to extend the 2008 farm bill. But when it comes to the demands of wall street, they work the entire holiday to hammer out a deal that ends up favoring the defense contractors and the Republicans anyway.
and they call this compromise?
It's very indicative of just who the politicians are really working for.
It's another cave by the president to the right wing extremist party and a set up to cut spending even more in the upcoming debt ceiling fight. After all how could the Republicans not be cocky when every time the president says he wont budge, he ends up folding.
Bottom line, the coming debt ceiling fight is going to be awful. If you're like me and think this is a bad deal, just wait. The worst is yet to come.