Obama declares victory! House Democrats voted 95 for and 95 against, and Republicans voted 174 for and 66 against, so the debt ceiling will be increased $2.1 trillion. California Democrats voted 14 for and 20 against; California Republicans were 16 for, 3 against. It’s not only a great day for Obama, it’s a great day for California Democrats.
Obama and Democrats have already identified that the Tea Party are the big losers: they only got $2.4 trillion in spending cuts over 10 years, when they wanted $4 trillion. What utter failures!
Obama knows that with a few more victories like this, the outcome of the 2012 election is assured.