Investors, Republicans and Democrats All Somehow Cheer the Debt-Limit Deal

It would appear that forcing Republicans to debate the debt limit would be an advantage for Democrats. Arnesen said Democrats are notorious for kicking the can down the road, but she said she and other party supporters are hoping Obama will seize the moment to address social issues that may be time sensitive.

"He has the gun issue he needs to deal with, he needs to deal with the immigration issue. Those are high-profile issues that people understand; do most Americans understand the debt ceiling, really? No," said Arnesen.

Americans may soon know more about the sequester, budget, gun laws, immigration and the debt ceiling. But for Wednesday, the stock market was up.

-- Written by Joe Deaux in New York.

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