The next phase of the summer showdown which resulted in the debt deal is playing itself out in Washington this week. Mr. Obama is preparing to ask Congress for approval to dig America's debt grave another $1.2 Trillion deeper. That, of course, is with the debt already diving past $15.2 Trillion.
It isn't likely to be a political hot potato for anyone, however. The debt deal was structured to guarantee passage of the debt increase; all Obama had to do was to wait until Congress was out of session. The deal allows the President's request to automatically pass unless Congress actually meets and passes an objection to the request, which the President is allowed to veto. The only way to stop the request, therefore, is to muster a 2/3 majority to override the veto, and the Democrats and "moderate" GOP members who negotiated the deal knew the Tea Party freshmen would never have the clout to bring that about. And that is assuming they had the stomach for a new political dogfight over the debt increase. As it stands, members of Congress can ignore the debt increase, or complain about it while saying "their hands are tied with Congress out of session," to score political points.
This is how professional politicians game the system. Bad deals, like the debt deal, and unpopular bills, like Obamacare, are set up to take effect at a later time, when those who passed the bill are long gone. That way, the professional politician hopes, the blame and anger by those affected is dissipated and the buck is passed; the politician survives. Yet there is a price to be paid. In this case, somebody (and that's the taxpayers- not the Occupy Welfare Services crowd) is going to owe another $1.2 Trillion Dollars.
This debt deal was supposed to be enough to get the Federal Government through to the 2013 budget year, but if Obama couldn't make it 4 months without borrowing another Trillion plus, he isn't going to make it to 2013 without coming back for more, either.
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