President Obama knows. We all know.
House Speaker John Boehner will cave. Oh, he will talk the talk and walk the walk right up to where he gives the other side everything they want.
I have repeatedly predicted Boehner would cave, hopping I would be wrong. Today: Boehner caved. Only he wants us to believe he is getting a “tough” deal done. While the details are still sketchy, what we are hearing so far is that this is yet another evaporating cut sham the Speaker has become so adroit at pulling.
Obama gets $10 in new spending for every $1 in cuts!
This is an absolutely horrible deal. Here is what Boehner wants to do:
He plans to give Obama $2.5 to $3 Trillion – the number has gone back and forth - immediately in exchange for $3 Trillion in cuts over 10 years. Basically, $10 in new spending for every dollar in promised cuts. And we all know how good politicians are at keeping promises – especially John Boehner.
Fortunately, more sensible Republicans are holding back on approval, and the House (hopefully) will not have the voted for this betrayal.
And even more disturbing, Majority Leader Eric Cantor appears to have signed on for another bad deal for America.
This is really getting tiresome.