News is that 43 GOP Senators have vowed to block the Reid debt ceiling amendment in the Senate early Sunday morning, meaning there's basically no way forward right now. I'm not sure what actually can be done, because the GOP has the vote to filibuster anything in the Senate, and of course will not let anything remotely viable pass the House.
Unless something major changes in the next 10-12 hours or so, we are heading off the cliff Tuesday morning. We'll see what will happen, but right now there's nothing remotely hopeful about the situation.
And yes, my mistake was underestimating the Tea Party's willingness to destroy America's economy and put us into a near-depression in order to bring down President Obama.
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