Fitch Threatens Downgrade; Boehner to Surrender

By:  Bob Adelmann
10/17/2013
       
Fitch Threatens Downgrade; Boehner to Surrender

House Speaker John Boehner will almost certainly bring the Senate funding bill to a vote in the House where, if Nancy Pelosi is right, it will pass with overwhelming Democratic support.

Despite mounting evidence that the government will have more than enough money to pay its essential bills and that the real national debt is $70 trillion, not $17 trillion, and despite pressure from Tea Partiers and constitutionalists to resist, House Speaker John Boehner is likely to bring the Senate bill to a vote in the House where, if House Minority Leader Nancy Pelosi is right, it will pass with overwhelming Democratic support. 

If CNN is right, the fight over defunding ObamaCare will be a footnote in history, the debt ceiling will be raised by enough to avoid any threat of default, and government spending will be allowed to continue at its present pace at least into early next year.

Said CNN, “In political terms, the final agreement [by the Senate] was almost entirely along lines Obama had set when the impasse began last month.” The only part of ObamaCare that was modified was a slight tightening of income requirements to obtain federal credits to help pay for the new national health insurance coverage. And promises to cut government spending in the future were to be handed over to yet unnamed “negotiators” to make recommendations to Congress by the middle of December.

In fine, when Speaker Boehner is forced to bring the Senate bill to the House floor, it will likely pass despite resistance from Tea Partiers and others. There will be enough support from moderate Republicans and staunch Democrats to muster the 218 votes needed.

The surrender by Republicans in the House and Senate came on-at-a-time. Rep. Darrell Issa (R-Calif.) hoped that a change to the bill would at least require that the President, VP, cabinet members and members of Congress and their staffs participate in ObamaCare, but even that went nowhere. By complaining that "If Obamacare is good for members of Congress, then it's good for the president," Issa essentially surrendered to the permanence of Obamacare itself, being no longer willing to argue to defund it altogether.

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