Speaker Boehner kept his promise to make the life of his successor a bit easier by brokering a compromise budget bill that extends the Debt Ceiling until March 2017 and lifts the sequester caps to allow an addition $80 billion in spending on Defense and domestic programs. Although the bill is loaded with many “Christmas Tree Decorations” it should ensure that there is no government shutdown or a major fiscal crisis before the 2016 Presidential Election.
Below we use our Weekly Constant Space DW-NOMINATE Scores to show the budget votes in the House and Senate. In both chambers the fit in terms of Aggregate Proportional Reduction in Error (APRE) is reasonably good. Note that the vote splits the Republican Party in each Chamber:
After the passage of the Budget “Christmas Tree” bill the House then elected Paul Ryan as Speaker. In the vote below 235 Yeas are shown when the actual was 236 Yeas. Speaker Boehner voted for Ryan as his replacement but he had too few votes to be scaled so he does not appear in the count. The 187 vote for Nancy Pelosi consist of 184 votes for her and one vote each for Colin Powell, Cooper (D-TN), and
Lewis (D-GA). The Green “R”s are the die-hard members of the House Freedom Caucus who voted for Webster (R-FL).
Finally, some good news. Congress extended the deadline for Positive Train Control until the end of 2018 and President Obama signed the extension. This happened just in time (literally) as the Railroads were going to have to begin to curtail service within a few weeks. Now there will be no impact on the economy and we can all have a very Happy and Merry Holiday Season Everyone!