Yes, Obama will cook something up. But the specific legislation will take time and can get specifically voted down whereas words can get agreed to or disagreed to and are cheap. I’m not that familiar with Bohener’s history and I’m mainly looking at it from where we are at today. I would let them talk nice in public as long as we can hold the line in an actual vote. My biggest fear is a media juggernaut behind some really bad legislation (e.g. hundreds of billions in new spending plus taxes, plus some hidden giveaways like the foreign bank bailouts in TARP).
Boehner IMO must be seriously compromised. Here’s one account of the debt ceiling charade in 2011: