Any increase in the debt limit is a victory for the progressives. It is a slap to the face of each and every American who pays any taxes, at all. It is an abrogation of the mandate handed to the pubbies in 2010 in the House of Representatives.
Time to clear the entire den of thieves...
Only if the ceiling gies beyond 2012. Anything earlier and all the supposed cuts get exposed and they will have to go argue wiling again.
This entire fight is to either get Obama past November, or take it off the table as an election issue entirely.