Now that a deal to raise the debt ceiling and cut federal spending has been made, many have been quick to declare winners and losers in the battle that dominated the headlines for the last several weeks. But only one real loser is overwhelmingly clear: The far left, which was ignored, embarrassed, and rendered irrelevant.
Originally, liberals — including President Obama — pushed for a clean vote on the debt ceiling increase. They didn't get it.
Liberals also pushed for a tax increase on top wage earners, including businesses, and came up short. In fact, the president tried to push the issue with House Speaker John Boehner, R-Ohio, and others in the Republican leadership and was strongly rebuked, because there was not nearly enough political appetite in Congress — on either side of the aisle — to raise taxes on anyone in an economic slump.
To read more, Go Here Now.
© 2026 Newsmax. All rights reserved.