Yesterday evening we reported the details of House Republicans' "fiscal cliff" compromise offer to the White House, which offered real ideological concessions, to the tune of $800 Billion in new revenues. The plan -- originally conceived last year by the Democratic co-chairman of the debt commission, Erskine Bowles -- also calls for the reduction of both discretionary and mandatory spending, making needed (albeit small-ball) reforms to the largest drivers of our debt. Unlike the president's risible, widely-panned proposal last week, Republicans' new negotiating posture offers genuine compromise: (a) It has bipartisan origins, (b) it achieves "balance," (c) it...
In response to:
You Republicans like to pass out the cake and ice cream but will whine when it comes to taking the medicine. You Republicans mandated $4 billion a year in ethanol subsidies alone, as well as drastically increased cotton, sugar, soybean, corn, wheat handouts, billed to the national credit card. You Republicans doubled the size of the Department of Education, billed to the national credit card. You Republicans started new government programs, like Faith Based Initiatives, and then prattle on about how you want small government.
- Quotes of the day Allahpundit 7 hours ago
- DeBlasio faces three lawsuits for trying to shut down charter schools Mary Katharine Ham 7 hours ago
- European countries to US: Give us your gas Erika Johnsen 9 hours ago
- Venezuelan protesters digging in for the long haul Erika Johnsen 10 hours ago
- “Walking Dead” grumble thread: Maybe we should talk about “True Detective” instead Allahpundit 11 hours ago
- Finally: Young liberals ready to explain the news to America Allahpundit 11 hours ago