Obama and the US may cut the funds to the PA, indeed. But that gesture won't come cheap as the Arab Spring will probably charge the US, in the mid and the long term, a lot more than the $ 450 millions that the US has given so far. And if the PA won't get any funding they just have to dissolve the institution, leave everything for the Israelis to run and manage, with the following consequences: no more a 2 state solution, the entire territory will become a state, and a state only, but most likely an apartheid one as I don't foresee the Israelis granting the same rights to the Arab population. Do You think this picture pleases Netanyahu or Obama ? Naaahh !!! So, go right ahead, cut the funds ....
NYT: U.S. Vice President Joe Biden considering run for 2016 presidency (Reuters)
from the article: Palestinians: We will seek full UN membership on September 23