Obama to GOP: Game On!

It’s official — Obama says he’ll veto the GOP House “cut, cap & balance” plan. But the House budget (and balanced budget amendment) has the about same chance of passing the Senate that a kitten has of passing a bowling ball.

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So I’m not sure what Obama’s threat is suppose to achieve in practical terms. This is pure political theater, designed to shore up the base and spook the markets — both useful clubs for bashing his negotiating partners on the Hill.

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