The 2012 budget: At one point in the negotiations, the 2012 budget was to be slashed by $36 billion. The final number of cuts: just $7 billion. And just to ensure we don’t have another bruising government shutdown fight over cuts in September, the deal deems and passes the 2012 budget. Yes, that’s right, the old Gephardt Rule or Slaughter Solution, is back. What’s deem and pass? It’s a legislative trick that essentially means that Congress will consider the budget passed without ever actually having to vote on it.
My prediction: Republicans cut more than the $7 billion as they fight over the particulars in the budget, then they turn around and accuse the Democrats of "spending" when they move to protect the environment or children or whatever. But it's good to know that Oct. 1st won't be a drop-dead date that would create yet another crisis.
We will save that for the "Super Congress" in November.
Interesting poll out that shows Dems/libs are in approval of the deal just done, but you have to wonder whether or not it's just relief that it is over and our Dem Prez signed it. Check out Plum Line for the latest gossip, but right now I'm kind of glad they are on vacation and this can settle down a bit.