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View Diary: Mr. Turtle cluelessly clamors for debt limit debate that President Obama says he won't get (213 comments)

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  •  But don't they hold all the cards in next round? (0+ / 0-)

    I don't want it to be true, but it seems like Obama has no leverage to stop the spending cuts.

    The bill to stop the "fiscal cliff" agreed on taxes and to delay spending cuts for two months.  In two months, the spending WILL be cut without a new agreement.  But why should the Republicans make a new agreement?  If they refuse to stop the spending cuts, what can Obama and the Democrats do about it?

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