Let's not even mention the reporting (especially the almost intentionally unlearned and misleading CNN on this) save to say that according to them everything is about to fall apart, collapse, and it will be the fault of Congress and the Tea Party folk especially. Obama on the other hand is a willing compromiser and an altogether noble man. So let's not mention any of that. Let's just say that George Will has it right
in today's WaPo in the form of a mini-lecture on separation of powers. He is also right in calling for Geithner's resignation and also hits it on the nose when he calls Obama a Huey Long with a better tailor! Oh, those little arts of popularity, they're not working so good for this president!
In my opinion Boehner is going to get his way (largely) on his two phase plan, the Senate Dems will go along with it, and Obama will sign it. He brought up Reagan in his talk, but forgot to mention that Reagan signed similar plans every six months or so during his presidency, which Obama says he refuses to do. But he will not veto any of the plans put in front of him that Congress passes, and there will be more than one.