{"id":9806,"date":"2013-01-01T03:35:55","date_gmt":"2013-01-01T11:35:55","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=9806"},"modified":"2013-01-01T03:35:55","modified_gmt":"2013-01-01T11:35:55","slug":"a-very-short-bounce","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2013\/01\/01\/a-very-short-bounce\/","title":{"rendered":"A Very Short Bounce?"},"content":{"rendered":"

At midnight, the US hit the fiscal speed bump, as I had predicted, but it appears it may be a very short bounce, since the Senate passed a deal.  There are some good things about it, and some bad, but there is more good and less bad than I expected.  The measure now goes to the House.<\/font><\/p>\n

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\"1biden\"The Senate voted overwhelmingly early Tuesday to approve legislation to halt a tax increase for all but the wealthiest Americans while postponing for two months deep spending cuts. The vote came just hours after the accord was reached between the White House and congressional leaders.<\/p>\n

After a rare holiday session that lasted through the New Year\u2019s Eve celebration and two hours into New Year\u2019s Day, senators voted 89-8 to approve the proposal<\/strong>. Three Democrats and five Republicans dissented, most prominently Sen. Marco Rubio (R-Fla.).<\/p>\n

\u201cIt took an imperfect solution to prevent our constituents from very real financial pain,\u201d Senate Minority Leader Mitch McConnell (R-Ky)  said before the vote. \u201cThis shouldn\u2019t be the model for how to do things around here. But I think we can say we\u2019ve done some good for the country.\u201d<\/p>\n

President Obama, in a statement released by the White House early Tuesday morning, said, \u201cWhile neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay.\u201d\u2026 [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <LA Times<\/a>><\/p>\n

Photo credit: USA Today<\/a><\/font><\/p>\n

Whether the bill becomes law depends on one thing.  If Speaker John Boehner (R-The Closest Bar) requires support from the majority of his Republican caucus, there will be no vote in the house and the measure will fail.  If he brings it to the floor, there are probably enough votes from Democrats and less crazy Republicans to pass it.  He faces a dilemma, because allowing the vote could cost him his big gavel, but obstructing it could cost him his job in the next election.<\/font><\/p>\n

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\"1cliff\"Here are the known details of the deal: <\/font><\/p>\n