Both Republicans and Democrats (here, anyway) are fuming about the budget deal.
So maybe it isn't such a bad one.
In the real world, where the Rethugs control the House, the Senate, and SCOTUS.
http://www.cnn.com/2015/10/26/politics/congress-budget-talks-hill/
Louisiana Republican Rep. John Fleming told reporters Boehner essentially "threw committee chairmen under the bus" and suggested this big deal was being dropped on members now because the committees failed to do their work.
SNIP
The product was the result of weeks of negotiations between Boehner, Senate Majority Leader Mitch McConnell, House Minority Leader Nancy Pelosi and Senate Minority Leader Harry Reid. The bill would raise spending caps by $80 billion -- $50 billion in the first year and $30 billion in the second year -- divided equally between defense and domestic programs.
Even though Ryan's fingerprints aren't on the deal -- a deliberate move by the presumptive speaker and Boehner -- the framework of the agreement is very similar to the two-year budget deal he crafted in 2013 when he chaired the budget panel with his Democratic counterpart, Sen. Patty Murray, D-Washington.
The new spending under the accord would be offset by sales from the strategic petroleum oil reserve, use of public airwaves for telecommunications companies and changes to the crop insurance program — among other measures.
Moreover, the deal would spread out increases in Medicare premiums over time so beneficiaries don't feel them acutely. It would extend the 2% cuts scheduled for Medicare to extend an additional year.
It would also overhaul the Social Security disability trust fund in an attempt to prevent a 20% reduction in cuts to benefits. The $5 billion in savings would come from redistributing payroll benefits, not cutting them, sources said.
= new reply since forum marked as read
my what a large concession.
Just in case
because buy high and sell low is always a sound financial policy.
At least they will have more room to stockpile oil when the prices go back up though. More .
