11 April, 2011

US Budget deal

It seems they have cobbled together a budget in America, so the whole country won’t grind to a halt.

The agreement cuts $38 billion off government expenditure. Seems like a lot until you consider the Federal Debt Ceiling will still have to be raised from its existing $14.25 trillion. The deal seems to be more political than economic but must have been tense. The Republicans lost a lot of support after Clinton faced them down the previous time, but with an agreement, and a reduction, they seem to have come out on top.

This blog supports anyone who gains popularity at the expense of Barack Obama, even if it is the comedy turn of Michele Bachmann and Sarah Palin.

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