House Republicans counter-offered the White House’s proposal to avoid the so-called fiscal cliff yesterday with a plan that had $800 billion in new revenue and more than $1 trillion in spending reductions.
The New York Times isn’t having it. The editorial board wrote today:
On Monday, under pressure from the White House, Republicans finally released their opening position in the negotiations — a remarkably shallow one that demonstrated a lack of seriousness in negotiations, or farsightedness in policy. …
Which programs would be cut? The letter doesn’t say, and Republicans don’t seem to care, as long as they blindly achieve their goal of cutting a big chunk out of government. The offer was a transparent attempt to appear responsive to Mr. Obama’s detailed proposal from last week, without doing any actual math or hard work.