Speaker Boehner says that ObamaCare is the law of the land.
1. So there you have it -- a clear mandate from the election. Whether you knew it or not, when you voted for Obama, you were making health reform in the US a reality. But there were other mandates.
2. You were also protecting Roe v Wade, and making a more liberal Supreme Court much more likely.
The President has a lot more chips in the upcoming negotiation than the Republicans do, because they can only pass legislation or stop new legislation. The tax increase is already law. All the President has to do is this -- nothing.
Read Chait's piece for the full story.
Also Businessweek: "Obama and the Democrats can gain a huge source of new revenue by doing nothing at all."