How President Obama Lost His Shirt to John Boehner


Ralph BenkoBy Ralph Benko – In retrospect, at the Battle at Fiscal Cliff, the House Speaker John Boehner took President Obama to the cleaners. He did it suavely, without histrionics.

Boehner, last week, again bested Obama by pushing the debt ceiling fight back to May. This is a double whammy by Boehner. According to specialists, by structuring the law to allow new borrowing only to the extent of obligations “outstanding on May 19, 2013, exceeds the face amount of such obligations outstanding on the date of the enactment of this Act” Boehner effectively instituted a spending freeze. more> http://tinyurl.com/bh5lsl4

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