Five (Fairly) Short Points

By: Michael Hammond (Diary)  |  July 28th at 11:23 PM  | 

(1)  House Republicans are walking into an enormous trap. The Boehner plan is sufficiently similar to the Reid plan, in virtually all important respects, that its passage will lead to the following compromise:    The adoption of Boehner’s ten years of sham cuts,which will be ephemeral beyond fiscal year 2012. Even John McCain said tonight that Gramm-Rudman (whose “sequestration” provisions are the enforcement mechanism for Boehner) | Read More »