When the fight is over cuts, GOP wins big

Published August 1, 2011 4:00am ET



Everyone seems pretty cross at this juncture in the fight over raising the debt limit. As this is written, the House has just passed the bill that Speaker John Boehner yanked from the floor Thursday night and then revised with a balanced-budget amendment on Friday. The Senate has yet to pass Majority Leader Harry Reid’s measure that in many but not all respects is not that much different.

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