Senate leaders announced last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown. Congress raced to pass the measure by day's end.
The Dow Jones industrial average
soared on the news that the threat of default was fading, flirting with a
200-point gain in morning trading.
Sounds good to me. It also pointed out that the House was a mess and needs to be fixed before anything can get done.
Boehner crafted two versions of the bill, but neither made it to a House
vote because both faced certain defeat. Working against him was word
during the day from the influential Heritage Action for America group
that his legislation was not conservative enough — a worrisome threat
for many GOP lawmakers whose biggest electoral fears are of primary
challenges from the right.
Yes the Heritage Action group said that legislation that would damage the world economy was not "conservative enough." They are no longer fiscally conservative enough for my tastes.
No comments:
Post a Comment