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You are here: Home / Budget & Taxes / What Deadline for Spending Cuts?

What Deadline for Spending Cuts?

October 28, 2011 at 11:03 am EDT By Taegan Goddard Leave a Comment

First Read notes that with the Super Committee’s Thanksgiving deadline fast approaching, “the presidential race might actually take a back seat – at least for a few weeks — to what’s happening in Washington.”

“Of course, the same dividing lines that caused Boehner and Obama from failing to come to a grand bargain are still there. And now with political finger-pointing taking place among committee members themselves, this seems destined to end in stalemate. What’s worse: There’s talk the deadline of Nov. 23rd is not real. In fact, even the threatened automatic cuts, which wouldn’t go into effect until 2013, seem less real today. Who doesn’t envision Congress saying, ‘Well, no agreement, the automatic cuts will take place in 2013’ — only to have the lame duck Congress after the ’12 election react to the election results and go in another direction?”

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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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