GOP counter-offers Erskine Bowles to Obama’s la-la-land (Update — Obama rejects out of hand, wants his pound of tax rate increases)
Via The Hill (h/t Drudge): House Republican leaders have made a counteroffer to President Obama in the fiscal cliff negotiations, proposing to cut $2.2 trillion with a combination of spending cuts, entitlement reforms and $800 billion in new tax revenue. The leaders delivered the offer to the...














