Thursday, November 17, 2011

Supercommittee? Really?

From the New York Times article published today on the underwhelming negotiations over the federal debt on the Congressional "supercommittee," I found this nugget about a spending bill that did manage to make it past both houses of Congress:
The spending bill approved by Congress on Thursday increases the maximum size of mortgages that can be guaranteed by the Federal Housing Administration. It eliminates grants to public transit agencies for projects that reduce greenhouse gases and does not include money for high-speed rail service, but does include numerous provisions that protect gun owners’ rights.
 Ridiculous.  Democratic priorities sacrificed, Republicans appeased.  When will John Boehner's posturing begin to stop?  Probably never.  Tom Toles gets it exactly right.  Democrats have been willing to compromise.  Republicans are not.  They are overplaying their hand again, doing real damage to the economy in the process.

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