Round II of the US debt debate

posted by
August 15, 2011
Boston Globe
by John E. Sununu  
Posted in Commentary, PND Commentary

"As debt limit negotiations crescendoed last month, Senator Max Baucus candidly admitted that Congress wasn’t only motivated by the Treasury’s Aug. 2 cash flow deadline. With the August recess looming, he predicted, 'those old jet fumes are going to help us' finish the job. As if on cue, Congress scrambled to cut a deal just in time to catch their flights home. With the Capitol vacant, pundits quickly proclaimed winners and losers. But this was just the second round of a multi-stage, multi-player contest, which began this spring with a deal to keep government operating while trimming spending for 2011." (08/15/11)

http://tinyurl.com/3gc944t  

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