House passes historic debt deal on eve of deadline - Paul Kane and Lori Montgomery

http://www.washingtonpost.com/politics/cbo-confirms-debt-deal-would-save-at-least-21-trillion/2011/08/01/gIQAzmMVnI_story.html

Just four days after Boehner suffered a humiliating defeat when he could not pass similar legislation solely on GOP votes, the speaker still saw 66 defections from his side of the aisle.
The agreement was sealed late Sunday after weeks of acrimonious debate. If approved by the Senate, it would raise the $14.3 trillion debt limit by at least $2.1 trillion, including the immediate $400 billion released upon Obama’s signature. An additional $500 billion would come in the fall, unless two-thirds of both chambers of Congress voted to prevent it. The final increase, which would occur early next year, would provide the Treasury with sufficient borrowing power to pay the bills into early 2013.

Tea party: game, set, match. This deal is about a whole lot of things, but one of the overlooked things is the coming wars that it will engender for the next debt ceiling. How can Obama campaign in 2012 while promising to raise taxes in 2013? Where will the defense lobbyists go home to? How will Boehner keep the teacons in line now, and what will they want next?

Twice in the last year, over extending the Bush tax cuts and now this, Obama has backed down to what he termed "a hostage situation". If that's the case, why would they stop taking hostages?