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08-04-2011, 08:18 AM
In recent months, Republicans have seemed impervious to outside pressure. They don’t fear the president. They don’t fear the debt ceiling. They don’t fear the market. But on Tuesday afternoon, when the Congressional Budget Office announced that House Speaker John Boehner’s proposal for raising debt ceiling would save significantly less money than promised, the Republican response was instantaneous. They backed down. Immediately.
For More Information:
http://www.washingtonpost.com/blogs/ezra-klein/post/why-does-anyone-trust-the-cbo/2011/07/27/gIQARUVfeI_blog.html
For More Information:
http://www.washingtonpost.com/blogs/ezra-klein/post/why-does-anyone-trust-the-cbo/2011/07/27/gIQARUVfeI_blog.html