It is very very important that Republicans write legislation to repeal the Budget Control Act of 2011. The Republicans will be blamed for Obama's goal being accomplished (going over the fiscal) and the result could be bad for the country. The democrats will introduce legislation to lower taxes on lower and middle class after the republicans are blamed next year. The republicans will then not be able to vote against whatever law reduces taxes on low and middle class. You know they will put other things in the law too. No one knows what that will be. This is bad news.