Wednesday, October 16, 2013

Return of the Fed-i

Obama-Wan Kenobi
It appears the US Federal Government will be up and running again by the end of the week, with a new deal having passed the Senate and the House and President promising to see it through the rest of the process quickly.

This is good news, although the whole shut down impasse was still terribly embarrassing and the deal that was struck in many ways just defers the need for a real solution to the debt ceiling and budget disputes for a few weeks. Specifically, the last-minute bill will "finance the government through Jan. 15 and raise the debt limit through Feb. 7."
I guess that just leaves us to hope cool heads and the true interests of Americans (i.e. having a functioning government, not defaulting on our national debt, implementing the ACA, etc.) will prevail in the interim between this deal and the new deadlines.

Perhaps, some mind-tricks are in order.

I'm not ready for more in-depth analysis, but here are some videos giving House Speaker Boehner's, President Obama's, and Bob Schieffer's thoughts on the deal:

Speaker insists GOP "fought the good fight"

POTUS is glad an 11th hour deal was reached (though it's more like 13th for the budget)

Bob Schieffer is not pleased

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