The big GOP win of 2012

bed5mf The big GOP win of 2012

bed5mf The big GOP win of 2012

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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The big GOP win of 2012

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