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:
If that is what you call "success" I pity you.
- Brave cat jumps from fiery collapsing building, saves no one but himself Mary Katharine Ham 31 mins ago
- D.C. cabs companies blame ride-sharing for loss of revenue Mary Katharine Ham 1 hour ago
- Pew poll: Majority of Republicans think GOP isn’t doing a good job on spending, immigration, and gay marriage Allahpundit 1 hour ago
- Ruth Bader Ginsberg to liberals: You really think Obama can replace me? Noah Rothman 2 hours ago
- Building blocks of the GOP Senate majority coming together Noah Rothman 3 hours ago
- Jim Webb: I’m seriously thinking of running for president as a Democrat Allahpundit 3 hours ago