Taxes will rise when the the last taxcuts expire with or without a vote.
Will Bush be strong enough to veto a budget he doesn't like? Billy Clinton did.
We're fighting a war. Our military needs appropriations for salaries, armaments, rations, equipment, fuel, and supplies--without any poison pills, surrender mandates, or redeployment orders. I doubt that Congress will pass any military appropriations whatsoever over the next biennium that do not succumb to the Presidential veto. The consequent lack of funding will leave our fighting men and women without money to support their families and cannibalizing our arsenals, stockpiles, and reserves. It won't be pretty. We should hope for stasis over the next biennium, deferring victory to the succeeding Presidency.
And our posterity depends existentially upon the 2008 election. If the Democrats and therefore the enemies of the United States prevail, then we can stick our heads between our legs and kiss our butts goodbye as our nation falls to the insurgent hegemony of the ascendant Iranian nuclear superpower.