The good news is that Congress finally drafted a spending bill that a majority agreed to (but not too enthusiastically); the bad news is twofold. First, some in government seem even more out-of-touch than ever.
- To quote Senate Majority Leader Harry Reid, D-Nev: "This is not a time for pointing fingers and blame. This is a time of reconciliation. I look forward to working with my colleagues on both sides of this great Capitol to pass this remarkable agreement that will protect the long-term health of our economy and avert a default on our nation's debt, and allow us to set a foundation for economic expansion."
- House Appropriations Committee Chairman Hal Rogers (R-Ky.): "I'm optimistic that once this resolution has passed, the House and the Senate will come together in a budget conference to work out our broad fiscal and budgetary challenges."
- President Obama: "Hopefully, next time, it will not be in the 11th hour."
Why these three think that the bipartisan stonewalling is finished is beyond me. Anyway, the other bad news is that next time is right around the corner. This bill authorized spending through January 15 and the debt ceiling through February 7. It won’t be long before we have to endure a similar charade. (more...)