The Administration got part of what it wanted. The fiscal deal will keep the economy from rapidly moving into recession, but it will not do enough to stimulate growth. This post raises an interesting question. Is the president a bad negotiator, or is this the deal that he really wanted? He has a history of establishing positions from which he rapidly retreats in negotiations with the GOP.
The GOP House voted to approve the bill but many representatives, on both sides of the aisle, held their nose when they voted for it. There are strong differences of opinion about taxes and government spending in Congress, and in the nation. The issue has also been framed as a problem of long term deficit reduction, instead of focusing on the short term problem of job creation. We can't easily fix the deficit problem without creating jobs. We also can't easily reduce healthcare price inflation without making more fundamental reforms to our healthcare system. We seem to get bills from Congress that nobody really likes.
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