House Votes to Repeal Sequester, Give Obama Relief

“House Republicans fell in line. They voted to drop the sequester that Obama had agreed to in 2011.  This was a major symbolic victory for the Democrats. The Republican leadership is no longer a threat on the deficit issue.  With the deficit massive, the spending out of control, and the Federal Reserve pumping in $1 trillion a year, the vote in the House was symbolic. It was a bunch of drunken sailors voting for 150-proof white lightning rather than 90-proof Jack Daniels.  The public does not care. Neither do the economists. As long as interest rates are low, and the economy is growing, the voters are uninterested. They respond to pain. So does Congress. There is not much pain these days.”

http://teapartyeconomist.com/2013/12/13/house-votes-give-obama-relief/

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