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:
Great idea. Let them waste time in their hunting expedition.
- Reuters: Radar data suggests that the missing Malaysian jet was flown far off course deliberately Allahpundit 21 minutes ago
- Obama: Yeah, a lot of you won’t be able to keep your doctor after all Ed Morrissey 1 hour ago
- WaPo: Four Pinocchios for Dems’ Koch habit Ed Morrissey 1 hour ago
- Russia: We may move into eastern Ukraine to protect ethnic Russians there too Ed Morrissey 2 hours ago
- Has DoJ blocked a corruption probe into Reid, Lee? Ed Morrissey 3 hours ago
- House Dems whipping against ObamaCare fix Ed Morrissey 3 hours ago