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:
Republicans should just vote "present". What our country needs more than anything is to see the consequences of enacting socialist policies. Our country is going to go bankrupt -- let's just get it over with.
- Israel takes out three top Hamas commanders after cease-fire violation Ed Morrissey 41 mins ago
- Scarborough: Golfing after that statement on ISIS shows terrorists that Obama’s one cold bastard Allahpundit 1 hour ago
- Thursday TEMS: Duane Patterson, Sen. Rob Portman, Michael Caspino Ed Morrissey 1 hour ago
- That ISIS guy who promised to raise Islamic flag over the White House? He’s dead Noah Rothman 2 hours ago
- Remembering James Foley and his work Ed Morrissey 2 hours ago
- NY Daily News cover blasts Obama for vacation return after Foley murder Ed Morrissey 3 hours ago