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View Diary: Worst negotiators EVER! (636 comments)

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  •  $1.2 trillion in revenue is not nothing (1+ / 0-)
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    divineorder

    So $600 billion in revenue now + $600 billion in two months = $1.2 trillion new revenue.

    $1.5 trilliion in spending cuts in Budget Control Act of 2011  + $600 billion in spending cuts = $2.1 trillion in spending cuts.

    Unfortunately the deal did nothing about the debt limit which means Republicans will once again try to hold America's credit rating hostage.  But a strong base can be made that the debt limit is unconstitutional and President Obama can order the Treasury to continue paying our bills despite Congressional inaction.

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