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:
Dont forget that he has also dumped two other tea party reps from important committees and is about to dump Michelle Bachman from her committee assignment. There is no question that he has cut a deal with the Dems.
- Panetta memoir blames Obama for collapse in Iraq Ed Morrissey 22 mins ago
- 80 people being monitored in Dallas area for Ebola; Update: 100? Ed Morrissey 1 hour ago
- White House: No plans to block flights from ebola countries Jazz Shaw 1 hour ago
- Fox poll shows majority of likely voters support ground troops against ISIS Ed Morrissey 2 hours ago
- Gray Lady reporter very confused as to why Republicans don’t want the President to be attacked Jazz Shaw 3 hours ago
- Quotes of the day Allahpundit 12 hours ago