Rational Nation USA
Birthplace of Independent Conservatism
Given all the hysteria, followed by the sigh of relief upon achieving a budget deal, what exactly did the deal really accomplish?
Well... CNS News has the answer.
The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.
The debt was $14.2101 trillion on March 30, according to the Bureau of the Public Debt, and $14.2642 on April 7.
Since the beginning of the fiscal year on Oct. 1, 2010, the national debt has increase by $653.4 billion.
In a real sense it accomplished in reality exactly nothing. The drams was all about politics and posturing so both inept sides of our Congress could claim partial victory.
It's all just one terrible hoax people. And both parties, as well as the American people as noted by The Oracular Opinion, are responsible.