Skip to main content

Michael Matthew Bloomer, October 16, 2013

Apparently, if you defied the gambler’s fallacy and bet Congress would, this time, unlike 2011, fail to raise the debt ceiling, well, you lost. No comment on how I bet . . . In any event, a gambler’s fallacy here doesn’t really apply since there are relatively few prior “coin tosses” to consider.

Nonetheless, non-tea party tea leaves suggest with near certainty (no comment on what “near certainty” means) that the Congressional Let’s Make A Deal show has, indeed, made a deal, courtesy of the U.S. Senate . . . and Ted Cruz. As always, however, the prospect of the Senate bill passing the House remains murky, as usual, although explorers embedded in the GOP report and improved mood among certain GOPers that chances have improved. According to some, Speaker Boehner has conceded to reality, after proving, he hopes, his Tea Party cred. He tried.

So now he will do his Speaker’s job and bring the Senate bill to the floor once the Senate vote is in. Such bill will (1)  extend the debt ceiling until February 7, 2014; (2) reopen the government immediately and keep it so until January 15, 2014; and (3) perhaps as early as today, convene a budget conference committee. Democrats and the President hung tough and thereby, in defeating GOP efforts to defund it, breathed new life into the Affordable Care Act’s funding and future. These are Democratic “victories,” yet in a battle that ought not to have been necessary.

If John Boehner succeeds in getting a Democratic and Republican coalition to vote successfully on the Senate bill that will emerge today, he will probably hold the Speakership. If so, over the last month or so he’s gone from bad hand defeat to bad hand concession, and for Boehner, that’s a win.

In Debt Limit Fight John Boehner Comes Out Conceding
And you guys thought I couldn't do it. HAH!

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site