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...
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I wish you were correct that people act on their deepest moral beliefs. The contradiction is in their mandate for a position which only promotes increased waste and higher tax on some. IMHO the House republicans should let the consequences explain their point. Had the House republicans done nothing to extend the Bush tax rates, 2012 election would have had a different outcome. We could have had a powerful campaign of lowering the tax rates, across the board, the economy would have been tighter and the people would have voted with their pocketbooks.
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