FOX Business host Larry Kudlow offers his analysis to the GOP on 'Kudlow' as lawmakers continue to battle over a spending bill to avoid a government shutdown.
A lesson for the GOP: Simplify, simplify, simplify — and that's the subject of the riff. The most important thing I've seen from all this year-end congressional spending drama and the difficulty in getting agreement — is what this tells us about the difficulty of more than one reconciliation bill next year. So far, the House has struck out twice in getting a deal to avoid a government shutdown.
It will look a lot like the short-term deal that was defeated last night. It would postpone the debt ceiling until March 14, and allegedly would cut roughly $2.5 trillion in federal spending over the course of reconciliation bills yet to be determined next year. But as anyone can plainly see, this relatively simple exercise of extending funding for a couple weeks, has been very difficult, very contentious and very unpredictable.
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