Paul Ryan proudly announced the Congressional Republicans’ latest surrender yesterday; they’ve reached a budget compromise with Senate Democrats that raises taxes and eliminates most of the sequester cuts. But he says its OK to eliminate the cuts they agreed to two years ago because ten years from now they will make even bigger cuts… pinky swear.
So, basically, the Republican Party has abandoned all but the pretense of fiscal responsibility. But don’t worry, they’ll make up for it by passing Amnesty next year.
Update: The New Republic — which, for those of you in Rio Linda is a magazine/website popular among old white liberals — is calling the budget deal a big fat massive win for the Dark Side.