About an hour ago, the New York Times tweeted the news that President Obama and House Speaker Boehner might have a deal on saving America from economic calamity. And regardless of whether that report pans out, far be it for Speaker Boehner to give up seeming like a guy you can make a deal with. No! Pass the unpassable balanced budget amendment!
We don't know whether this is true, either, but Reuters says a source says that ratings agency Standard & Poors is meeting with House freshmen Republican at 3 P.M. today. Maybe S&P can convince them that letting the U.S. default on its debt would actually bebad.