Yep!!
Also, the President will yield and deal with the Republicans Debt Ceiling demands. Ref: see previous deal where the Republicans won over the President.
However, he doesn't have to yield. Contrary to what Sen Cruz is now saying, the Debt debate shifted power to the Dems in a favorable way; the public turned on the "Shutdown the government" crowd, the Healthcare launch was the only thing that saved them. (of course, there is a different reality on Conservo-News)
Eric Cantor's Loss Means Debt Ceiling Fight - Business Insider: "The debt-ceiling fight could become even more pronounced if Republicans recapture control of the U.S. Senate in November. It would give the GOP control of both chambers of Congress, and it would make President Barack Obama's stance of not negotiating over the debt ceiling somewhat untenable."'via Blog this'
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