12/26/13

President O. Signs Off on Budget Deal- Debt Ceiling Negotiations Next

President Obama signed a two-year budget deal today. The next congressional financial crisis is early in 2014 with negotiations on deepening the public borrowing debt hole. Democrats want to shovel down to China, Republicans want to throw in a little dirt from the poor people's pile.

One hopes the President will use bold and realistic negotiating tactics for once such as agreeing to cut the federal budget 100 billion dollars over two years in return for raising the taxes on the rich 5%. That's a win-win for better budgeting winners and a lose-lose for debt-deepening budget losers, plus or minus a times or two.

If only N.A.S.A. were given 5 billion to research and develop sub-surface sealed chamber fiber-optic lit lunar farming there would be a glimmer of hope for producing food concentrates to send to hungry people of Earth in 20 or 30 years.

http://abcnews.go.com/Politics/wireStory/obama-signs-bipartisan-budget-deal-easing-cuts-21342068

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