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Obama Is Big Winner on Budget Deal

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“The budget agreement struck late Monday between the White House and Congress hands President Obama a major victory, vindicating his hard line this year against spending limits that he argued were a drag on the economy and also buying himself freedom for the final 14 months of his term from the fiscal dysfunction that has plagued his presidency,” the New York Times reports.

“The deal is the policy equivalent of keeping the lights on — hardly the stuff of a bold fiscal legacy for the president — but it achieves the main objective of his 2016 budget: to break free of the spending shackles he agreed to when he signed the Budget Control Act of 2011.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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