The Blue Board

I'm willing to bet the house they don't let this fail. There will be bickering, but they will get this done. It won't be big, but it will be grand...a little bit of entitlement reform, tax revenue, and some spending cuts, but more importantly: no sequestration.

Wait wait wait - is this going to turn out like cuznchips? We don't need anymore welchers around here.

They will play ball and this has nothing do with a "mandate".

Depends.

Won't happen. They have to get this done within the next two quarters.

It's leveraged against every business and consumer in America. Trust me. No one wants sequestration, more importantly the people/groups that drive lobbyists. Moreover, its in Boehner's interest to solve it before the next Congress because of representation.

Increased partisanship is irrelevant of the fact that sequestration forces a deal. This isn't a just a debt ceiling debate that has a relatively minimal effect on markets, equity. It's not only in the politicians direct interest to make a bargain, its in the direct interest of those that influence politicians to have a bargain occur. It's simple. Make a deal and compromise over future deficit reduction or cause a recession and more than likely cause another downgrade due to the inability to make payments from a static debt ceiling.