A House Republican who is in leadership called me tonight. He said what we are hearing about — the two tier plan — is "sh*t" and he's blaming Boehner. He agrees that Boehner is getting nervous and wants a deal.
But this two tier plan seems to be the Republicans' initial offer. Harry Reid is headed that way. Many Democrats want more.
So keep in mind for purposes of negotiations, House Republican leadership members are already referring to the starting point as "sh*t" and it will only get worse from here.
One of the ways they'll claim they are cutting $1 trillion is by pretending the Iraq and Afghan wars no longer exist. They'll also do another deficit commission.
There have been 17 such deficit commissions in the past 30 years. The net result? Taxes have gone up with just about each one and spending has never actually been reduced. We've gone from $1 trillion in national debt to $14 trillion.
Also, the GOP leadership seems to want another debt ceiling vote before the election. This would be political suicide for the GOP. They'd vote to increase the debt ceiling and Barack Obama would get a definite PR win by looking bipartisan right before an election.
I think the congressman is right. This is sh*t.