Sort of like crazy drunk Randy Quaid in Independence Day (played by crazy drunk Randy Quaid), outgoing Speaker of the House John Boehner appears to have saved the day by negotiating a budget-and-debt-ceiling agreement with the White House. Per CNN:
(CNN)Congressional leaders and the White House reached a major deal Monday to avoid a potential fiscal calamity, but not before many Republicans were left fuming that their party leadership had given too much away to their Democratic adversaries.
The agreement, which would raise domestic and defense spending by $80 billion and lift the national borrowing limit until March 2017, could be voted on by the House as soon as Wednesday — the same day the GOP is expected to nominate Rep. Paul Ryan, R-Wisconsin, to replace retiring Rep. John Boehner, R-Ohio, as House speaker. The deal prompted a tense session among House Republicans Monday night in the basement of the Capitol.
The final details were still being ironed out late into the night Monday. But the deal was the product of weeks of negotiations led by Boehner, who is furiously trying to take the divisive fiscal issues off the plate for Ryan before his successor takes office. If the deal passes, Ryan could have a clear path to do his job without the fiscal brinksmanship that damaged Boehner’s speakership.
…hat-tip to my friend Lindsay for helping me keep my Quaids straight!