When the Senate shoots down Plan B, the markets will likely plunge. Defense pink slips must go out (finally). 2 million realize their unemployment $ are stopping.
Then who blinks?
Well Boehner of course. But a good strong Speaker could dig his heels in and do nothing until the President blinks.
Boehner should have passed new tax cuts and permanent extension of the Bush tax cuts. That would be DoD. Anyway that never happened.
Obama has said he wants ‘balance’. Balance would seem to suggest 50% spending and 50% tax increases. Has Obama proposed that? No. So expose this farce and not do anything until there is at least reasonable agreement on terms.