Starting to Paddle Back from the Cliff

Republican House speaker John Boehner and Democrat Senate majority leader Harry Reid appear to have reached a final deal on this year’s budget.

If you’re just joining us, the Democrats didn’t pass a budget last year for this fiscal year (October 2010 to September 2011), possibly because they could already see the rising tide of public sentiment against government spending and thought passing any kind of Democrat budget would only hurt them even further in last November’s elections.