[oldbrowser]

Obama would have to raise the limit himself, and Republicans in both chambers would be able to vote against it, forcing Democrats to own the hikes.

There it is there. The republicans are trying to make the democrats "own" the tax hikes. They are all about the politics of the situation.

The truth is that the American Taxpayer is going to "own" the tax hikes.

The taxpayers are going to be stuck with a backbreaking debt that will take generations to pay off at best. At worst, who knows?

[fatez]

This is political. I would rather see taxes get raised temporarily and have Obama and the Democrats own the economy totally going into next years election then the Tea Party win a Pyrrhic victory this year and Obama pins the blame on them. Like it or not, we have to win a majority of independents to get rid of the clown Obama. If Obama wins the election next year, count on a liberal supreme court majority within four years. If we win the Senate and the Presidency, we can roll everything back, but right now we cannot do much with 1/2 of Congress.