21 December 2014

CRomnibus Disaster Signals a Sad New Normal in D.C.

By David Dayen, The Fiscal Times

House Democrats, under the thought leadership of Elizabeth Warren, waged a monumental yet ultimately unsuccessful fight against two dangerous provisions in the so-called “CRomnibus” year-end spending package. But regardless of whether or not the budget bill included a rollback of derivatives reforms, or a nearly ten-fold increase in the donation limits for party committees, the battle on Thursday illuminated how the next two years in Washington will play out, and it doesn’t bode well for anyone who doesn’t employ a personal registered lobbyist.

In fact, the high-profile measures obscured how the CRomnibus boosts special interests at the expense of ordinary people in a host of other ways. Nobody in the Democratic coalition objected as vociferously to these other giveaways to right-wing hobby horses and corporate wish lists. And given how the White House basically turned on its own party, all too happy to accept the roll-backs of liberal priorities, it’s clear that this kind of legislative sausage-making will be the norm, not the exception, come 2015.

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