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 Lerner Files: “smidgens upon smidgens” of corruption Jazz Shaw 32 minutes ago
- Afghan interpreters who aided US in danger of being left behind Jazz Shaw 2 hours ago
- Sunday reflection: Matthew 13:1–23 Ed Morrissey 2 hours ago
- ICE has the chance to catch Jose Antonio Vargas RIGHT NOW Jazz Shaw 3 hours ago
- Open thread: Sunday morning talking heads Allahpundit 5 hours ago
- Quotes of the day Allahpundit 16 hours ago