I hope no one is taken in by the fake budget "deal" being ballyhooed by the MSM and Washington insiders. It is nothing more than a giant joke on America and a sucker's bet for anyone who acts on the belief that it will result in meaningful spending cuts.
The fact that it calls for another budget commission and that nothing will happen until after the 2012 elections is all the evidence anyone needs to see that nothing will ever come from this agreement except the ability of the government to borrow more money as the debt ceiling is lifted.
The Democrats are of course betting they can retake the House and just pass tax hikes in 2013 and the Republicans are again playing Charlie Brown to the Democrat Lucy when it comes to kicking the "spending cuts later" football. Unless Republicans get either a veto-proof margin in both houses of Congress and/or reclaim the presidency there is no way that meaningful spending cuts will ever be signed into law.
Indeed, the planned "cuts" are more of the same old tricks: pretend you want to spend $20 more than you have, reduce your demands to $10 more than you have and then claim you've "cut" $10 from spending.
It's a disgrace and our political leaders should be ashamed of themselves.