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:
Speaker John Bonehead needs to be replaced, ASAP.
- CPAC: Fred Thompson and Persecuted Ed Morrissey 1 hour ago
- WH: Hey, Obama golfing in Key Largo during this crisis is the same as if he were in DC, only warmer Jazz Shaw 2 hours ago
- Rand Paul working to get David Jolly over the finish line in FL-13 special Jazz Shaw 4 hours ago
- CPAC: Daniel Hannan and the origins of liberty Ed Morrissey 5 hours ago
- Open thread: Sunday morning talking heads Allahpundit 7 hours ago
- Quote of the day Allahpundit 18 hours ago