Once in a while, DC gets it done, though not everyone is happy with the budget deal struck this week that may be voted on as soon as today. If it passes as expected, there will be no government shutdown and no default on debt. In addition, it increases defense spending, extends the solvency of Social Security for the disabled and prevents an expected 52% increase in premiums for roughly 30% of the people enrolled in Medicare Part B, It did however, once again increase the debt ceiling.
“John Boehner’s golden parachute will certainly cement his legacy, but it is a slap in the face to conservatives who rose up across the country in 2014 on a promise that we would stop the disastrous runaway spending and debt in Washington,” per Sen. Ted Cruz (R., Texas). Contrast that with Speaker Boehner's comments: “In a town that isn’t known for a lot of bipartisanship, you’re going to see bricks flying from those that don’t like the fact that there’s a bipartisan agreement. But there is. It’s a solid agreement.”
What happens next? Another year or so of bickering, name calling and gazillions of commercials until the first Tuesday in November 2016. And then it probably starts all over again. Welcome to politics in the age of information overload and extreme partisanship.