One of the first tests of his ability to discipline populist revolutionaries fresh from the electoral barricades will come when the new Congress is asked to raise the federal debt limit from $12.4 trillion to $14.3 trillion. No Congress has ever refused to approve such an increase and, if such a refusal were to occur, the consequences for the global financial system would be apocalyptic. Many of the new senators and House members have pledged to vote against an increase in the debt. Tim Phillips, president of Americans for Prosperity — one of the more active national tea party groups — told Politico this week that the Republicans' new House majority "cannot fold on the debt."
Neither is there likely to be a vote, quick or otherwise, that the insurgents want on a repeal of healthcare reform. Instead, there probably will be a series of procedural, regulatory and funding votes — the grinding legislative equivalent of trench warfare.
http://www.latimes.com/news/opinion/commentary/la-oe-rutten-column-election-20101103,0,193190.column