It was a long night… hopefully today ends it all…

They decided last night and the Senate took a late vote… now it’s up to the House. The new Debt bill is not very strong on Democratic points and overburdened with Republican points (although it is House Republicans who can possibly kill it today) and we are hearing comments from all sides:

“Real spending cuts. No tax hike. Gang of Six said it could not be done. 1982, 1990 are now bad memories we learned from. Onward.”

Grover Norquist

“The compromise we have agreed to is remarkable for a number of reasons, not only because of what it does, but because of what it prevents.”

Harry Reid

“This is an important moment for our country. I can say with a high degree of confidence that there is a framework in place to assure a significant degree of cuts to Washington spending.

Mitch McConnell

“Is this the deal I would have preferred? No. But this compromise does make a serious down payment on the deficit reduction we need.”

Barack Obama

“Now listen, this isn’t the greatest deal in the world. But it shows how much we’ve changed the terms of the debate in this town.”

John Boehner

So now we wait for the vote.

About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on August 1, 2011, in Announcement, budget, Congress, Economics, Finance, government, history, Labor, Legal, News, Opinion, Politics, President Obama, quote, Taxes, vote, Word from Bill and tagged , , , , , , , . Bookmark the permalink. Comments Off on It was a long night… hopefully today ends it all….

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