August 1, 2011

So it looks like the debt ceiling kabuki is over. The only good news I see is that Gabby Giffords returned to Congress today and voted.

The House of Representatives on Monday passed the landmark compromise to raise the debt ceiling and sharply cut spending, drawing a solid majority of the Republicans, along with a about half of the Democrats, to push through a package that was ultimately described by many as an unpalatable necessity.

Passage came after weeks of brinksmanship and backroom dealing that left few satisfied in the more liberal or conservative wings of the House, but drew just enough from each party to put a compromise over the top in time, assuming the Senate goes along, to avert what might have become a calamitous default on the nation’s debt.

The tally, which had mounted excruciatingly slowly until the final seconds, was 269-161. Then, to growing applause, Representative Gabrielle Giffords, Democrat of Arizona, who was recovering from an attack several months ago, cast her vote, and as if a dam had burst the votes poured in...read on

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