Yes, you are correct. But the GOP will be put in the position of choosing between massive military cuts (which automatically take effect if there is no bargain) and tax increases. Atleast that is the way I understand it. Liberals win either way.
Why sure. What would you expect from this corrupt "Two-Party Cartel". It's been the same for a couple of decades. Too bad Boner couldn't be primaried next yr. That must be why he & pelosi can do so much damage to the nation & get away with it.