The next four days may bring more unpredictable twists and turns, but, at the moment at least, it appears the GOP is poised — again — to secure a significant strategic victory in the debt-limit fight — but only if the party is willing to seize it.
That’s far from certain, as the last 24 hours have shown. At this time yesterday, most everyone assumed the original Boehner plan would pass sometime in the early evening hours, after the last few “yes” votes were secured. But that didn’t happen. The bill’s Republican opponents held out. And so no vote was taken, and everyone woke up this morning wondering if Speaker Boehner’s bill would ever pass. Now the bill has indeed passed the House, thanks to an amendment that requires that both the House and the Senate to pass a balanced-budget amendment to the Constitution before a second increase in the debt limit can go into effect next year. That was enough to put the vote over the top and send the measure to the Senate.
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