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Senior White House officials and GOP congressional leaders have apparently reached a deal that would fund government operations for two years while significantly raising both defense and non-defense spending. But there are some other changes included in the deal John Iadarola (Think Tank) and Jimmy Dore (The Jimmy Dore Show Podcast), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"Senior White House officials and congressional leaders have struck a deal to raise the debt limit and set the federal budget for the next two years, say sources familiar with the talks.
The deal would extend the debt ceiling to March 2017 and bust budget limits set by a 2011 agreement that imposed a decade of reduced spending known as sequestration on the government....
Those funds would be divided equally between defense and nondefense spending, charting a compromise between Republican defense hawks pushing for more Pentagon spending and Democrats who wanted more spending on domestic programs as well.
The deal would also restructure benefits for Social Security Disability Insurance, a move that Republicans have pitched as the programs first major change in decades.*
Read more here: http://thehill.com/policy/finance/258091-white-house-gop-near-two-year-budget-deal
NorthCarolina
(11,197 posts)Their fiscal policies=GOP fiscal policies. The only difference is that Conservative Democrats will occasionally support progressive Social Issues once they see the writing on the wall and it becomes politically convenient. With Hillary you will get consideration of raising retirement age, and chained CPI as "fixes" to Social Security and NO actual consideration of raising the income cap as an option. If, as a voter, you haven't figured this out yet then you really haven't been paying much attention.
Enthusiast
(50,983 posts)My opinion of President Obama couldn't get any lower anyway.
jalan48
(13,864 posts)I guess this is part of the whole bi-partisanship effort he dedicated himself to in 2009 when the Democrats controlled the House, Senate, and Presidency. How'd that work out for him?
Spitfire of ATJ
(32,723 posts)NorthCarolina
(11,197 posts)Have the Dems do it, then the people have no political recourse but to relent.
Spitfire of ATJ
(32,723 posts)A final act as he leaves.
NorthCarolina
(11,197 posts)Best to keep mum.
Populist_Prole
(5,364 posts)Typical inside-the-bubble corporatism. This is what happens with the MSM failing to report the pith of issues and instead going for horse-race type of reporting. You get this "anything for a deal" mentality. "Getting things done". You get the safety net unravelling, ( yet more ) bad trade deals.
Geronimoe
(1,539 posts)Theuy act as if the democrats don't want this. Guess what folks. We have to corporate parties.
Hillary can not run on the issues, so she tries to sell a fake persona.
freebrew
(1,917 posts)Will Pitt got shit on for weeks for telling the truth about this fucking used car salesman.
So far, I haven't seen any reason to hope it will get better.
DU has turned into a corporation-backed site for Hilary.
The 'change' must have something to do with the Dem party taking over for the R's love of banks.
Maybe we can send even MORE jobs overseas. There's bound to be some wages we can cut somewhere.
Maybe we need a Labor Party to represent people, not corporations.