By now, you have heard the news that a vote will be taken on a bi-partisan deal to address the nation’s debt and deficit. While it took them almost to the deadline, party leaders in both the House and Senate have agreed with the White House on a deal to raise the debt ceiling, to cut spending levels and create a new bipartisan “supercommittee” that will recommend further deficit reductions to areas like military spending and other polarizing areas in the budget.
Though neither left or right is pleased with the bill, each side seems confident they can rally the votes in their parties needed to get the bill passed tonight.
Even as both sides have said the negotiations were more important than politics, it is clear that this debate will weigh on the minds of voters heading into the next election cycle. As such, President Obama took to his campaign site posting a videa explaining to supporters the details of the proposed deal.
In today’s New York Times, Jeff Zeleny raises a point that has many Democrats too worried to celebrate the Debt deal as a political victory. He writes:
“The president can no longer make the argument that he has changed the way Washington works — Mr. Obama’s Washington, in fact, has looked even worse than previous eras — but his advisers hope he will still come across as the more reasonable alternative, and the only way to put a check on a conservative movement seeking a wholesale redefinition of the proper role of government. Mr. Obama offered a preview of that message in his brief remarks Sunday evening, saying it was time to ‘end the crisis that Washington imposed on the rest of America.’”
Do you agree with Zeleny’s assessment of what the debt deal will mean to President Obama’s 2012 run? Do you think the proposed deal is a true solution or just another Congressional delay in dealing with the nation’s debt?