So let me get this straight...
They will raise the debt ceiling 2.4 trillion dollars now and cut the budget (over the next ten years) by 2.4 trillion.
That cancels each other out WITHOUT taking care of the debt we have now? This will increase our debt by only God knows how much. Kicking the can again?
Well, instead of spending roughly 1.5 trillion more than comes in, each year, the average is to now spend only 1.25 trillion more per year, than comes in. So, roughly speaking, yeah, a 2.4 trillion increase in the debt limit runs out in about 2 years, and Congress is right back where we are today, except deeper in debt, and hemorrhaging.
It places it on the backs of our great, great grands.