Now that the House has passed the three month suspense of the debt limit, it is safe to say President Obama won this standoff. The original Republican position was that any debt limit increase had to be accompanied by spending cuts. Obama said he would not negotiate this time and wanted a debt limit increase [...]

Yesterday, after hours of last minute whipping, Speaker John Boehner was forced to pull his debt ceiling vote from the House floor because he couldn’t get enough ultra-conservative members of his caucus to vote for it. This failure on Boehner’s part makes little sense to me. President Obama and Senate Majority Leader Harry Reid both [...]