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

Deniser55 Wrote: Dec 04, 2012 11:42 PM
Heck MSNBC talking heads met with the pres yesterday to discuss this months news reporting. yuk yuk.....

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...