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Sunday, February 3, 2013

Boehner shouldn't be counted out

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Boehner steadies Republican team, reframes deficit debate
February 3, 2013

House John Boehner has shored up his political clout after a shaky month by persuading fellow Republicans to pick their fights with Democrats more strategically.

His rebound helped the government avoid a potential default on financial obligations.

It also reassured establishment Republicans who feared the House majority was becoming so unpredictable that it endangered the party.

But the patched-up GOP solidarity is certain to be tested again. A big challenge will be the immigration overhaul proposals headed toward Congress.

For now, however, the nation's highest-ranking Republican has calmed the waters.

The implications go beyond one politician's fate. Financial markets and corporate planners were reassured when House Republicans agreed to postpone a showdown over the government's borrowing capacity.

It marked a significant cooling off by GOP conservatives.
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