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BREAKING: GOP Counters WH Offer on Fiscal Cliff, Embraces Bowles-Simpson Variant

wdwrkr Wrote: Dec 03, 2012 9:54 PM
OR, the federal gov't could just cut spending back to match the revenue from current tax rates.

Well, this move by Speaker Boehner doesn't exactly follow my Simpson-Bowles playbook to a tee -- but Erskine Bowles does make an appearance, and Republicans are going on (realistic, reasonable) offense.  In a new letter addressed to the president, House Republican leaders firmly reject the president's non-starter "proposal," pointedly decline to counter with an equally unrealistic wish list, and offer an alternative bipartisan solution: