this is a very clear, unkwif cal
gauntlet.
it's the victory after the
victory.
there was an electoral mandate
that the president won and was
won by the democrats in the
senate.
it was largely unchanged from
the summer of 2011.
i see this as the president
taking a ka calculated gamble
unless you break the back of
that republican party that took
a hard line about revenue going
forward, you're going to be in
this endless morass in
washington.
what they're saying is we're
going to fight for this, and if
that means on january 1 all bets
are off, then on january 1 all
bets are off.
it's like the government shut
down between clinton and the
'90s and the republicans then.
i'm not as convinced by the
administration they're not
saying this may be very painful
and politically disruptive, and
the markets may scream.
until we change this dynamicdyn
we're not changing anything and
we'll fight for it.
>> is that the political capital
argument without the president
coming out?
as joe biden said, i...