Here's the best discussion of the options
Congress had on the budget bill President Obama signed
. I just listened to it last night, and though it's a bit weedy, it comes from a former staffperson with experience in legislative affairs. I finally had that feeling of relief, that I had a decent handle on what is happening now. I'm just glad t wasn't Option I, giving the president the authority. But, I would have preferred the third option.
Here's another politics-heavy discussion of the process
, but start with EconTalk.