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Friday, October 18, 2013

U.S. shutdown deal: A 15-yard punt?

The agreement reached by President Obama and Congress to reopen the government and avoid default was a punt, a punt that traveled 15 yards. It wasn't a budget agreement because nothing in it addressed any budgetary issues, nor was it a spending agreement, because spending continues at its current pace. It was a process agreement that saved the day, although the same fights that led to this crisis have been merely rescheduled. Another government shutdown is looming on January 16 and the nation will hit its debt limit on February 7.



via CNN.com - Top Stories http://edition.cnn.com/2013/10/18/opinion/fleischer-shutdown-overreach/index.html?eref=edition

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