Gary Palmer: The Battle of the budget rages on

  Republican Speaker of the House John Boehner may have negotiated an agreement with the Obama Administration and the Democrat Congressional leadership to cut spending by $38.5 billion, but it sure seems like the Republicans came away with a loss.

  It seems that way in part because, though it is being touted as the largest spending cut in American history, it falls far short of the $100 billion they promised to cut during the 2010 election campaign.  Even more problematic, it is just a drop in the proverbial bucket of the $14 trillion federal debt. As Rep. Jeb Hensarling (R-Texas) put it, "Relative to the size of the problem it's not even a rounding error. In that case, we probably all deserve to be tarred and feathered."