Democrats Offer Significant Concessions
I’ll nominate this for least surprising headline of the day. And yet, despite major concessions on the part of Democrats, Republicans still aren’t satisfied.
Although the new plan thus moves considerably closer to Republican positions than any of the bipartisan plans, Republicans have been quick to reject it. The counter-offer by Republican members of the supercommittee, reflecting little or no movement on tax increases and calling for even deeper spending cuts than in the Democratic plan — including severe Medicaid cuts that would impose significant harm on low-income children, parents, and elderly and disabled people — appears to leave little room for progress.