This is all that needs to be said about the budget deal:
Details on the appropriations deal are still hard to come by, but you don’t need the details to know that substantial short-term cuts in domestic discretionary spending will hurt the poor while harming macroeconomic performance. The problem with not agreeing to the deal, of course, is that a government shutdown would also hurt the poor while harming macroeconomic performance. If you genuinely don’t care about the interests of poor people and stand to benefit electorally from weak economic growth, this gives you a very strong hand to play as a hostage taker. And John Boehner is willing to play that hand.
The other problem is that Democrats somehow think that cutting a bad deal to free the hostages is something to be proud of. Here’s Senator Claire McCaskill on Twitter:
Compromise. That wasn’t so bad was it?