Analysis: Debt limit bill gives political cover to both parties

Comments (4)
foiegras wrote:

All eyes are on the deficit. It’s a great distraction. Now if some clever politician could just figure out a way for Americans to make some money – Bingo! – and pay some taxes, we could probably get rid of the deficit in ten years or so. Clinton did it in what – eight? But in a world that is upside down, all the few men left that are right side up can do is go along with it.

Jan 23, 2013 11:18pm EST  --  Report as abuse
sylvan wrote:

How did this debt ceiling maneuver give Democrats cover, as proclaimed in the headline? I can’t see it has much to do with Democrats other than House GOP can’t pass their own bills. GOP brats created the cliff, then bull-dozed it; insisted on not raising the debt ceiling, then eliminated the whole thing temporarily. Talk about the definition of dysfunction..

Jan 24, 2013 7:35am EST  --  Report as abuse
Wassup wrote:

The ultimate epitomy of Huck and Jim kicking the can down the road once again to appease a weary American population. Our ineffective government demonstrating its incapability of doing their jobs and taking care of the nations business. The 52% are appeased, that’s all that matters.

Jan 24, 2013 8:20am EST  --  Report as abuse
Harry079 wrote:

I can’t wait to read todays Daily Treasury Statement to see how much they have to pay back to the funds they been raiding since January 1.

My guess is $80-$100 billion.

Jan 24, 2013 12:46pm EST  --  Report as abuse
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