Monday, August 1, 2011

Debt Deal Reached

Congress has reportedly reached a deal to extend the debt ceiling, although no vote has yet occurred so it could still fall apart.  The deal calls for a bi-partisan commission to recommend a deficit reduction package by November 23 and, if Congress fails to enact legislation by the end of the year, automatic cuts will be triggered.  These massive cuts include defense spending and payments to Medicare providers (which will mean more and more providers will just stop taking Medicare).  In other words, folks, this ugly fight will continue for the rest of the year. 

All that is interesting and important, sure, but the pressing question on my mind is, who's the hot bearded guy walking with Harry Reid? 

1 comment:

Junior said...

The saddest thing is the bearded guy is the first thing I thought about while reading your post. Also, when someone mentioned to me "Have you been following the debates?" I said "What debates?" "About the debt crisis." "When?" This is why you do politics (very well) and I do John Cena.