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Current Event Cat of the Day: Deal signed! Crisis Averted! For Now…

Current Event Cat - Deal Signed

The Senate deal has been signed, sealed, and delivered to Obama. The debt ceiling crisis / government shutdown fiasco is over! At least until January… then we start all over again.

On Wednesday evening the House sucked it up and passed the deal the Senate put together with a 285 to 144 vote. The usual party poopers – Ted Cruz, Marco Rubio, Paul Ryan, etc. – all voted against the deal, but luckily enough Republicans felt that they should put this whole ugly mess behind them and sided with the Democrats.

The deal itself, which was passed just a day before the debt ceiling deadline, will allow funding for the government until January 15 and raise the debt limit through February 7. As for the Obamacare concessions, the deal lacks any major legislative changes to Obamacare. So was shutting down the government for two weeks worth it for the Tea Party gang? Answer: no. They didn’t get much – and they might get even less come election time.

As for Obama, he’s pretty tired of debt ceiling standoffs. Speaking from the State Dining Room at the White House, Obama addressed the nation, thanking the federal employees for their patience and urging bipartisan compromise in the weeks ahead.

“Let’s be clear, there are no winners here,” Obama said. “These last few weeks have inflicted completely unnecessary damage on our economy. We don’t know yet the full scope of the damage, but every analyst out there believes it’s slowed our growth.”

“The American people are completely fed up with Washington,” he added. “How business is done in this town has to change.”

But in the meantime, it’s back to work for the furloughed government employees. The good news is the hundred of thousands of federal workers will receive back pay for the 16 days the government was shutdown. The bad news is they have to go back to work. But at least now senior citizens can stop breaking into national parks. Until January, of course, when this happens all over again…

Via: The New York Times

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