BBC News - US Live: Reports the following from Capital Hill, " The Senate has reportedly struck a cross-party bill to raise the debt limit and reopen the government, just a day before a critical deadline ".
Lets Get Real:
Folks the Democrats will never cut the welfare state, that is the only thing that gets them elected, they promise sweets to the voters but NEVER tell the voter that the cost is the US will end up bankrupt. The main points of the deal are folks, that the US Government will be kept open in till January 15 and the debt ceiling will be raised in till February 7th. In that time the sides will meet to agree to a budget. Folks you can see the fault lines already, the Democrats will just want to raise taxes, while the Republicans will want to cut the welfare state. The sides could be back to this cliff after the Christmas holiday. The Republicans have SOLD OUT folks, the Tea Party needs to run more Conservative candidates, moderates from blue States are Republicans in name only, they break with light wind. As stated in my tweet last night folks, this is a WIN for the Oval, but its short term, with a debt of 17 trillion and future debt of 20 trillion the loser is the US and its people. Sad Day for the US folks.
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