What will happen:
The super committee will fail to provide recommendation on spending reductions with the committee deadlocked at 3-3.
Congress, facing a 1 trillion dollar plus Sequestration, will pass a law stopping the sequestration.
It will be signed by Obama.
The first tranche cuts are all we are going to get, but Obama will get all 2.4 trillion of debt ceiling increase.
I have seen several news stories talk about the Obama campaign raising 1 billion dollars for the election.
I would like to thank the speaker and our fearless GOP fighters in congress for making the first major donation to the Obama campaign. 2.4 Trillion dollars of Obama money. I am sure Obama will spend it well to shore up his base.
How in the world could any sane person consider this a success when it does not even touch one entitlement?