[FromTheSidelines]

I actually like it - BBA vote, across-the-board automatic cuts if no other cuts are found, and no tax increases.

I think this is a pretty solid win for the GOP. They’re telling the President he can get a dollar-for-dollar exchange of debt limit increase for spending cuts, no tax increases, the opportunity to try to find his own cuts (but automatic across-the-board if not done), and a vote on the BBA.

It’s pretty solid, overall. The automatic cut is the best part - there’s no way to avoid that without another law being passed to repeal - and that won’t happen with the current makeup of Congress.

[EternalVigilance]

I think this is a pretty solid win for the GOP.

It is. They wanted two TRILLION plus more dollars to squander, and they're going to get it.

[EBH]

They’re telling the President he can get a dollar-for-dollar exchange of debt limit increase for spending cuts, no tax increases, the opportunity to try to find his own cuts (but automatic across-the-board if not done),

I'll take it as a start. What I don't see is the revenue issue, but I'd bet it is still in there hiding in legalese.

Second, finding their own cuts, how is that any different than them demanding the "loopholes" be closed on corporate jet owners? Although it gives the republicans a hill to stand on.

Lastly the Moody's downgrade is expected in the next 60 days...long before the automatic deadline. Spending cuts and loophole closing after the downgrade won't reverse it.