A few positives in budget deal

congressclockThough few are excited about the U.S. House and Senate budget deal announced Tuesday, some observers tried to focus on the positives – including that it could have been worse. The nonpartisan group Campaign to Fix the Debt said the deal to restore about $63 billion in automatic spending cuts in exchange for other spending reductions and higher fees “demonstrates that Republicans and Democrats in Congress can work together on a proactive basis, rather than relying on 11th-hour deals and governing by crisis.” A Wall Street Journal editorial was relieved that the deal includes “no tax increases, no new incentives for not working, and some modest entitlement reforms. Oh, and it will avoid another shutdown fiasco, assuming enough Republicans refuse to attempt suicide a second time.”