[This piece has been Updated Twice]
So it looks like debt ceiling deal will be $3 trillion in spending cuts, but no new taxes or revenues. Not even the loop holes for stuff government shouldn’t be subsidising are going to be closed, it seems. What?! I thought President Obama was a Democrat! And what are the Senate Democrats doing? Why are they caving totally to Tea Party/Republican demands? Why are they presenting a deal that matches the Republican position of no new taxes or we kill the country? After Obama and Boehner negotiated a balanced deal, and they were mostly on the same page, only to be skewered by the idiots, and lots of back-and-forth B.S. from both sides, we’re actually at a point where the Republicans will be getting more than they originally asked for? And for what? Acting like petulant kindergarteners? Seriously?!
Or, in a more measured manner, as Michael Tomasky put it: “it appears Obama is meeting the Republicans – on their terms.”