The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.
That's right: even crediting the $38 billion in cuts, the deficit increased more than $15 billion over the last eight days.
And what goodies did the Republicans get for their courageous bluster?
Democrats knocked off most of the controversial policy riders that House Republicans had included in H.R. 1, the package of spending cuts that passed in February, including one on funding Planned Parenthood, which provides abortion services.
"We also prevented this important debate from being overtaken by politics and unrelated disagreements on social issues," the president said in his morning address.
Republicans, however, won the inclusion of a rider to expand the District of Columbia’s school voucher program and to authorize a Government Accountability Office study of a financial oversight board established by the Wall Street reform bill.
That's right: they didn't de-fund Obamacare. They didn't get a straight up vote on reducing the EPA's power. They didn't de-fund Planned Parenthood.
Oh: but they did get school vouchers in the District of Columbia.
Linked by: Michelle Malkin. Thanks!