Posted on 01 December 2012.
Ezra Klein, Wash Post
Republican aides are circulating their summary of the White House’s opening bid on the fiscal cliff. They’re circulating it because they believe it fleshes out Speaker John Boehner’s complaint that “the White House has to get serious.” Above all, they’re circulating it because the president isn’t offering them anything in his opening bid. Suzy posted the full summary here. It calls for $ 1.6 trillion in taxes and only $ 400 billion in new entitlement spending cuts (though note that it assumes the roughly trillion dollars in…
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