TNR weighs in on McConnell-Biden Talks

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Monday December 31, 2012 · 11:47 AM PST

2012/12/31 · 11:47

TNR's Timothy Noah calls for killing the deal.

Noam Scheiber comments that the strategic consequences will be disastrous.

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Saturday December 29, 2012 · 10:46 AM PST

2012/12/29 · 10:46

So Reid and McConnell are working on a plan. Reid specifically is asking McConnell specifically to propose good faith additions to the democrat plan. In other words, McConnell gets what he wants. Probably this means that the cutoff goes up to $400,000 rather than the $250,000 in the original senate bill. This isn't a lot different from what the expected result of the Plan B would have been. Once the house passed it (hypothetically) the senate would lower it and it would end up somewhere in $400,000 to $600,000 range.

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McConnell and Reid working on "Compromise™"