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 raises revenues commensurate with the Senate bill, and (d) it
seeks sacrifice from both sides of the aisle. And yet it was rejected out-of-hand
by the White House and Congressional Democrats in a matter of minutes.
For years, Beltway Democrats have made a habit of rejecting Republican
offers, then shamelessly turning around and branding their adversaries
as the "party of no" -- so last night's outcome was no surprise. What is a
bit surprising and discouraging is the pattern of Republicans
demonstrating little capacity to internalize and act upon important
lessons from previous skirmishes. For all of their lip service to
"solutions," Democrats' behavior makes it clear that their primary goal
is to exact political pain on Republicans. David Gergen, a
non-ideological fixture of the establishment commentariat, sees this partisan ploy for what it is:
Read more: http://townhall.com/tipsheet/guybenson/2012/12/04/anatomy_of_a_flop_gop_cliff_counteroffer_fizzles
Read more: http://townhall.com/tipsheet/guybenson/2012/12/04/anatomy_of_a_flop_gop_cliff_counteroffer_fizzles
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