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View Diary: Nancy Pelosi & House Dems Just Filed The Discharge Petition (215 comments)

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  •  He has a lot of cards to play with because (0+ / 0-)

    the 'cliff' also includes increasing axes on cap gains to about 25 percent, the sequester goes on, payroll taxes go back on which employers have to pay half of, the estate tax is back up to the old days when smaller estates were taxed, AMT is not fixed, etc. And the Rs still have to explain why they did not do disaster relief after Sandy, an ag bill, the Post Office bill, etc etc etc, each of which has an R constituencywhich will not have been served. And the only R card is one which will drive ALL of their various Wall Street supporters berserk. Forget what foreign nations will do since this R party is acutely nativist.

    And there has been terrible talk about a lawsuit to bust the debt ceiling law anyway, which would be triggered by this, since the things sending the country over the ceiling were passed by the same Rs trying now to make sure that those obligations are not paid when due, Constitution be hanged.

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