Everyone that knows anything about politics knew this is exactly how it would work out. It has been political theater the enter time. That's why the financial markets didn't flinch, they knew it would never come to default. The politicians are playing stupid games with gullible people, and they aren't doing it to serve their constituents. They are doing it to serve themselves and their corporate donors.<p>If this isn't proof of a broken system that fails to serve the people, I don't know what is.
I thought the issue was in the House, and this does not say that the House's game of chicken is over and anything has been resolved there, merely that "some" republicans are joining the democrats. Can someone explain why this item means good news?
American economy will slide till <a href="https://en.wikipedia.org/wiki/Triffin_dilemma" rel="nofollow">https://en.wikipedia.org/wiki/Triffin_dilemma</a> is resolved.
Stay tuned for part 2 in February.<p>Then part 3 later in 2014.<p>Sadly the elections won't fix this because of gerrymandering which is worse than any amount of money in politics.<p>The House will always be toxic because of it. Senators cannot play that game which is why they tend to be slightly more sane.
unconstitutional?<p><a href="https://en.wikipedia.org/wiki/Origination_Clause" rel="nofollow">https://en.wikipedia.org/wiki/Origination_Clause</a><p>The Origination Clause, sometimes called the Revenue Clause, is part of the United States Constitution. This clause says that all bills for raising revenue must start in the House of Representatives, but the Senate can amend them as in the case of non-revenue bills.