I heard Rep. Jim Jordan on the radio today. He still doesn't accept that a default will be an economic disaster. He's literally waiting for the Titanic to hit the iceberg to find out if the ship is really unsinkable! In my opinion, he should be one of the first ones tossed off the rail to see if the water is really cold.
Is it now fair to say the Boehner plan was a waste of time?
Summation paragraph: (BBA stands for "Balanced Budget Amendment". Or possible "Bad Bastard Addition". Have fun with that.)
With the BBA addition, the new Boehner plan is assured passage in the House and immediate rejection in the Senate. Cut, Cap and Balance served the same purpose. So all that will have been accomplished is that he wasted a work week of unveiling the plan, drafting it into legislative language, getting it scored by the CBO and then revised and scored again, putting it on the House floor, debating it, delaying the vote, trying in vain to arm-twist hold outs, and then ending up with a watered down Cut, Cap and Balance anyway.