They asked him about liberal House comments - and he to some degree agreed with them, but the cost of default as an alternative was too great. The Clinton sycophant, Paul Begala, took the time on CNN to dump on Obama and his negotiation skills, contrasting him to Clinton, who got a 50/50 split that independents thought fair. Prosense posted Senator Leahy's comments -
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x731038I think that it is traditionally the responsibility of the party in power in a House to get things that their leader (and their President) want through. I would guess that had it been Kerry, the comments would have been similar.
Whether this deal was merely bad (vs atrocious) won't be seen until the committee is formed and finally when they make their recommendations.
Thinking back on Kerry's speeches on this, I would assume he is very unhappy that their were no revenue increases, especially as the definition of a revenue increase follows the Republican definition. It really is unconscionable that they can't close a sweetheart loophole that never had any good reason to exist at a point they are cutting vital programs. In addition, ALL the reporting is accepting the Republican view that their was imminent danger in the level of the debt itself. This actually is not true. The amount of debt that can be borne is a function of the interest rate, which is currently extremely low. So low that the % of current income to pay the interest is lower than it was in most of the last 3 decades.
So, while the absolute level of the debt is so high it does require that deficits be reduced, it was NEVER the plan that the deficits in the last few years would continue forever. The recession itself lowers revenue and raises costs - even with no legislation. Recovery does the opposite and if they continued what they were doing and even added stimulus, the economy would pay them back for it.
I know there were some bad economic reports, but it should say something that the market does not appear to be rewarding these votes. These are people betting real money. Now, it may change tomorrow or it may be the markets never bought the idea that there was any chance of default.