Yeah, the Lincoln-green smoke rose up from the vent stack at 1600 Pennsy a couple hours ago. The Feds got themselves a budget deal.
The President claims the new budget deal pushes us back to Eisenhower Administration levels of public spending. Well, it's not Calvin Coolidge levels, let alone Peyton Randolph, but I suppose it's a start. On the other hand, specificity has not been his long suit and no one outside the principals (if them) and their stenogs and eager lackeys have actually seen the thing, so for all we know, it leases Alabama to the Martians as a game preserve to offset Federal spending.
Time will tell. No word at all about it containing an requirement to balance the fed.gov budget. And remember, it's not a Depression, it's not a Depression, it's not a Depression...
CHICAGO RAILROAD FAIR, 1948
12 hours ago