Republicans' Ace in the Hole: Simpson-Bowles?

Republicans' Ace in the Hole: Simpson-Bowles?

Democrats appear to have the upper hand on the politics of the fiscal cliff, which might explain their brash pronouncements and mind-blowing conceptualization of "compromise."  This morning I outlined three possible contingencies for Republicans, none of which is especially attractive.  But is there a fourth way?  The GOP's dilemma is a doozy.  Their opponents, emboldened by the election, are pushing for counter-productive tax hikes on "the rich" -- a politically popular...