See this http://thehill.com/homenews/house/2...e-22t-counter-offer-to-obama-in-debt-talksklj Basically, the House republicans have given away every last bit of their bargaining leverage in their opening proposal. They argue it is a fair middle ground. Maybe it is, which is why it should have been saved until the last hour of the negotiations. Now Obama will simply use it as the floor for further concessions. Importantly, the republicans preemptively surrendered their biggest principle, opposition to tax increases. So no matter how this comes out, Obama has won. It's no longer a matter of no tax increases or the Bush tax rates apply for all or none. No, now it is how much higher? and they have to go to Obama for the answer. Morons. Cowardly clueless stupid hacks.