The repugs have 2 choices: Raise the debt ceiling or raise the debt ceiling. They know damn well that if they do not raise the debt ceiling the ensuing economic collapse means: First, their 'base' is going to lose wealth like never before. It'll make the 2008 collapse look like boom times. They will have no base. The GOP will be KAPUT! Second, once the economic catastrophe is evident, the President is just going to invoke the 14th amendment and order the Treasury to pay it's bills anyway. Third, they'll lose so much support (their former base will be too busy filing for bankruptcy to care about politics), that Obama will dictate the upcoming budget - and it will be a strictly Democratic one. Their only real choice is to raise the debt ceiling and take the best they can get for a budget deal. Sure, they'll lose face with their 'core', but what does that matter? Who else are these wingnuts going to vote for? By the time 2012 comes aroung the GOP spin machine will paint the whole fiasco ever color but true.