Of the the 8 Senators voting against the Biden-McConnell deal,
one of them was our own, very special Tom Carper. What was his chief complaint? It raised taxes on the rich? The deal did not cut spending? The deal did not eliminate or cut Medicare or Social Security. He hates the unemployed and wants to cut all unemployment insurance. I am very curious to hear his reasoning.
In the grand scheme and in context, and considering that I want the sequester cuts to go into affect (because it cuts 500 billion from the Defense budget and unless we let those cuts go into affect automatically, we will never get that much cut from the Pentagon budget ever), it is not a bad deal. It is not a good deal either, as the Democrats caved on indexing the Estate Tax to inflation. Going from 250k to 400k? Meh, I can live with that. Payroll tax holiday not preserved? That's the bad part of this deal, in my opinion, along with the estate tax indexing.