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Anatomy of a Flop: GOP "Cliff" Counter-Offer Fizzles

DelicateLoyalist Wrote: Dec 04, 2012 2:50 PM
"A libetarian America is anarchy and chaos." - yes for liberals it would be. The poor dumb liberals would be lined up waiting for their checks at the Post Office (the checks will never come) and the rich dumb liberals will be lining up to buy gun permits to protect themselves from the poor dumb liberals...

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...