Events are moving fast toward the artificial deadline of August 2nd. President Obama has apparently given up on getting a tax hike, and thus balance, as he has called it. In his Friday morning (July 29th) announcement, he urged folks to keep the pressure on with phone calls and tweets. Speaker of the House John Boehner has revised his plan that failed to garner enough votes on Thursday night to include once again a balanced budget amendment. And Sen. Majority Leader Harry Reid is reportedly planning to finally introduce Democrat-backed legislation sometime soon.
