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Home Front: Politix
Stockman: Budget deal a 'joke and betrayal'
2013-12-12
[CNBC] House Republicans "capitulated" in agreeing to the two-year budget deal reached last night and left the country to deal with an unsustainable fiscal situation until the peak of the presidential primaries in 2015, when nothing will get done, former federal budget director David Stockman told CNBC on Wednesday.

"First, let's be clear--it's a joke and betrayal," Stockman, who served under President Ronald Reagan, said on "Squawk on the Street." "It's the final surrender of the House Republican leadership to Beltway politics and kicking the can and ignoring the budget monster that's hurtling down the road."

Stockman added that the budget deal means politicians would take a "two-year vacation" from dealing with the country's fiscal situation and revisit it in 2015 at around the same time as the Iowa straw polls. Without an incumbent in the presidential race, both political parties will be too busy to touch the budget, he said.
Yuval Levin has read the actual bill, and is more sanguine. There's even a pretty, multicoloured graph.
Posted by:Fred

#7  I'm conflicted. I agree with Besoeker in that I want Obamacare to be front and center. If that goes badly enough the Republicans gain lots of seats and can fix the budget next year.

If we sequester again that will be 24/7 on the news shows.
Posted by: rjschwarz   2013-12-12 22:28  

#6  Pretty much constantly.
Posted by: Shipman   2013-12-12 17:49  

#5  I have Medicare both A & B, when do I get screwed?
Posted by: bman   2013-12-12 11:04  

#4  Now that's an interesting take Besoeker. I figure the gigantic powered shit honey barge that is the PCU ObamaCare needs at least 2 more torpedoes. When the first enrollies (with no card) stagger into the ER will be one, that should be what, Feb-March? The second will be late, the cancellations and changes of employer provided care.
Posted by: Shipman   2013-12-12 10:17  

#3  "Capitulation" possibly, but a fight over the budge right now would divert attention from the sinking ship of Obamacare. All eyes must remained fixed on the primary target, as the screws become visible and the stern slips beneath the swirling waves. If the seizure and theft of one-sixth of the economy cannot be averted, little else matters.
Posted by: Besoeker   2013-12-12 07:37  

#2  Buried in the bill is the senate tax nuclear option which allows tax increases to pass with a simple majority. I have a feeling that will come back to hurt everyone.
Posted by: Airandee   2013-12-12 07:37  

#1  "The difference between death and taxes is, death doesn't get worse every time congress meets."
~ Will Rogers
Posted by: Besoeker   2013-12-12 02:20  

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