The elimination of the filibuster by a 52-48 vote is the political equivalent of the starting pistol for the 2014 midterm elections. Any lingering hopes that both parties would reach a compromise on the debt or other legislation pretty much went up in smoke. Still, there is an upside, at least politically. Both sides can potentially benefit. Each political party can whip up its base with the filibuster issue.
For Senate minority leader Mitch McConnell, who didn't wage much of a fight to stave off the demise of the filibuster, it provides a great opportunity to warn the Republican base that 2014 will be a decisive election. It will determine whether President Obama can govern as an uncrowned monarch—ramming through administrative decisions that Congress is unwilling to approve. Getting the Democrats to take the hit for ending the filibuster, at least for judicial nominations, also is a nice bonus for McConnell—if he becomes majority leader, then he gets to reap the fruits of Sen. Harry Reid's decision to go nuclear. There is no reason to suppose that McConnell would reinstitute the filibuster should he become majority leader in 2014. Quite the contrary. As Ezra Klein observes, Republicans may well profit from Reid's manuever: