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Of course they will fold, and Boehner will cry.
And no spending will be cut, but it will instead increase, and the testicle-less Republican leadership will wring their hands while whining, yet again.
What’s really crazy is that Obama promised in 2008 a “net spending cut” if he was elected. He actually accused McCain of being the big spender.
http://www.youtube.com/watch?v=GOZpJ4rSITo