Washington Leaders Reach Budget Deal

[mahina]

Source: Market Watch

By Greg Robb

WASHINGTON (MarketWatch) - President Barack Obama and Senate leaders announced Sunday night that they have reached agreement on a framework debt deal that will cut spending and increase the federal debt ceiling. In brief statements only minutes apart this evening, Obama, Senate Democratic Leader Harry Reid and Senate Republican leader Mitch McConnell said the agreement would lift the cloud of possible default that has hovered over global financial markets. Obama urged all members of Congress to support the deal while admitting it was not in the shape he preferred. Obama said the first $1 trillion in budget cuts would not happen so abruptly that they would be a drag on the economy. The deal also calls for a super-committee to agree to another $2 trillion in cuts by late November.

Read more: http://www.marketwatch.com/story/washington-leaders-reach-budget-deal-2011-07-31

[PoliticAverse]

1. And the House of Representatives ? n/t

[KewlKat]

2. One has to wonder

how bad we all got f*cked. I think I'm gonna be sick. S H O C K D O C T R I N E

[mahina]

3. Guess that'll be coming out soon

No fun watching the whole economy held hostage.

[mahina]

4. Yeah

it looks pretty bad http://www.dailykos.com/story/2011/07/31/1001271/-Reid-signs-off-on-deal,-hopes-to-have-vote-tonight?detail=hide

I guess we'dd better get out the vote next time unless we like getting hosed by these guys. They are stupid and brutal.
They actually remind me of rapists...like their pleasure is more important than our lives, these guys' political capital is more important than our lives.

Stupid, selfish, mean, hypocritical liars. Did I mention stupid?

[Grassy Knoll]

5. This is nothing more than a Ouaalude..

To calm the heavy hitters in the stock market for a couple of days,
I just don't see the votes, and Obama saves face by telling them to
vote for this crappy bill.