Obama political capital can get tax reform passed, several reasons: common ground to get GOP votes, political momentum, and business support
Yellin 2/21 (Jessica Yellin, CNN Chief White House Correspondent; “Obama to offer corporate tax plan”; February 21, 2012)
Obama’s political capital is key to passage. Must be continuous and focused
Dixon 2/14 (Kim Dixon, reporter; “Obama plan would end dozens of business tax breaks”; Feb 14, 2012)
Failure to generate adequate revenue contributes to the ever-widening budget deficit, which will decrease the US’s credit rating-the end result would be severe economic loss and a devaluation of the dollar globally
Reuters 11 (S & P threatents to cut U.S. credit rating on deficit)
Global economic crisis causes war---strong statistical support
Royal, director of Cooperative Threat Reduction at the U.S. Department of Defense, 2010
(Jedediah, Economics of War and Peace: Economic, Legal, and Political Perspectives, pg 213-215, Idg)
And, This leads to global nuclear war
Auslin 9 (Micheal, Reesident Scholar—American Enterprise Institute, and Desmond Lachman—Resident Fellow—American Enterprise Institute, “The Global Economy Unravels”, Forbes 3-6)