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Wednesday, December 19, 2012

Flashback to 2011 when conservatives walked away from extremely conservative fiscal deal

That move is now coming back to haunt them. No matter what happens during the fiscal cliff talks, the GOP will not get nearly as much as it could have during the summer of 2011.

The road not taken

From the piece:

The Democratic offers were slippery, and President Obama didn’t put them in writing. But John Boehner, the House speaker, thought they were serious. The liberal activists thought they were alarmingly serious. I can tell you from my reporting that White House officials took them seriously.

The combined effect would have been to reduce the size of government by $3 trillion over a decade. That’s a number roughly three times larger than the cost of the Obama health care law. It also would have brutally fractured the Democratic Party.

But the Republican Party decided not to pursue this deal, or even seriously consider it. Instead what happened was this: Conservatives told themselves how steadfast they were being for a few weeks. Then morale crumbled.

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