Six months ago, how many Republicans would have believed: 1) that the Obama White House would have backed a plan to reduce the deficit by $4 trillion over the next 10 years; 2) that the president would agree to link the debt limit to spending cuts; and 3) that Obama would put Medicare and Social Security on the table?
The Republicans would never get that senario under a Republican president, unless he had a filibuster-proof majority in the Senate. But Republicans walked away from the deal, because they wouldn’t give up the one thing that Democrats were asking for in return: any increases in tax hikes for the rich |