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:
The republicans are going to lose on this issue no matter what they do. And still the republicans are not unified. The ball is in O and the dem's court.
- Jobs plan from WI gubernatorial candidate looks mighty … familiar Ed Morrissey 22 mins ago
- Exonerated, Chris Christie taunts the press by embracing Roger Goodell Noah Rothman 1 hour ago
- Scotland votes No to independence Ed Morrissey 1 hour ago
- Quotes of the day Allahpundit 11 hours ago
- Video: Shep vs. Earnest Mary Katharine Ham 11 hours ago
- In New York City, a safety regulation makes the streets less safe Mary Katharine Ham 12 hours ago