They have to do it. If 0bama bypasses congress, the markets will punish the dollar because the treasuries issued henceforth will be of dubious value. No one wants to buy a bond that is at risk of being declared illegally issued by the courts. Automatic downgrade with this next fight.
Obama will win this battle and the House Eunuchs will also get the blame for economic collapse and financial ruin plus 25% unemployment.
Count on it