Shutdown Averted! Historic Spending Cuts?

Politico: After a long day of trading offers, the White House and House Republicans reached agreement Friday night on a budget framework that would cap 2011 appropriations near or below $1.050 trillion while cutting domestic and foreign aid by more than $40 billion from the rate of spending at the beginning of this Congress.

Behind the closed doors of special meeting of the Republican Conference, Speaker John Boehner presented the package to his party as at least an agreement in principle and said at one point: “We have a deal.” The Senate should now feel confident enough to move ahead with a stop gap spending bill to avert—or at least shorten—any shutdown beginning at midnight.

In a joint statement with Senate Majority Leader Harry Reid Friday night, Boehner announced: “We have agreed to an historic amount of cuts for the remainder of this fiscal year, as well as a short-term bridge that will give us time to avoid a shutdown while we get that agreement through both houses and to the president.”

Speaking on national television with the Washington Monument as a backdrop, President Barack Obama announced the deal shortly after 11 p.m. [MORE]

I just cannot believe how these bozos pat themselves on the back for not spending $40 billion dollars more of borrowed money and then have the brass to call that historic!

What exactly did Weepy Willow Boehner get out of this deal anyway? The riders for Planned Parenthood and the EPA were scrapped, and whatever spending cuts he got are still woefully inadequate for saving the nation from a debt crisis. Weepy Willow even allowed Obama to escape the funding the troops trap!

If Republican want to have any hope of enacting anything remotely similar to Ryan's budget proposal, it is very clear that tougher, bolder and braver leadership will be required. Boehner simply isn't up to the task.

Via: Memeorandum
Via: Politico

Via: The Washington Post