Monday, August 1, 2011

Debt Ceiling Deal

While there is definitely much to be wanted in the debt ceiling deal, it was a major step in the right direction. For the first time ever, we had a fight over raising the debt ceiling. This never happened under President Bush even though we raised it quite a few times. While the actual cuts were only a miniscule dent, at least we fought back. Honestly, as much as the deal could have been better, it may be the best we could get while only controlling one third of the legislative process. Hopefully every time there is a debt ceiling or budget vote, we fight hard on the spending issue, and when we take back the U.S. Senate we will force very deep cuts. This is not to say the Republican leadership was amazing, but at least we finally fought. Fighting and forcing conditions for a debt ceiling increase is an improvement and a small victory.

1 comment:

The Brain said...

The power of the purse is a beautiful thing in a country with rule of law.