"The lengths John Boehner went to ensure his bill failed in the Senate rather than the House were impressive, but ultimately, insufficient. Quotes from 'The Town' didn't work. Endorsements from major conservative outlets didn't work. Arm-twisting didn't work. The bill will likely be revised today in order to pass, but the damage is done. The legislation, which never had a chance in Harry Reid's Senate, was meant to send a message: Republicans are united. They are willing to sacrifice and compromise to raise the debt ceiling. Turns out they're not.
Another possibility is that Boehner pulls back and moves to his right. His speakership is undoubtedly endangered, and it's possible he will choose to shore up his flank rather than raise the debt ceiling. That would be dangerous for the economy, but it is not, given last night's humiliation, unthinkable".............READ MORE
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