GOP acts like it won the election

On Thursday, the top Democrat in the House made what amounted to a major concession, pronouncing herself open to the idea of reducing Social Security benefits. This moved Nancy Pelosi closer to the position that President Barack Obama, who has already put out a plan that includes chained-CPI, has staked out in pursuit of a deficit reduction grand bargain with Republicans. This could make it easier for Obama to convince Senate Republicans, whom he’s begun courting in recent weeks, that he can deliver on a deal that includes real sacrifices on Democratic prioritiesAnd how does the top Republican in the House fit into this mix? Well, he doesn’t.Continue Reading…

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GOP acts like it won the election

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