A critical win for spending discipline

With angry members from the progressive caucus in Congress announcing their vast disappointment with the Debt Limit compromise, we can quickly surmise who got the better of whom in the long negotiation just concluded.

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Conservatives who are realists are cheering the breaking of the Democratic stranglehold that until this deal obliged Congress to spend an additional dollar on boondoggles for every new dollar spent on defense. Breaking this approach for good is the best part of the new deal.

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