Not exactly abject capitulation.
The plan calls for Obama to approach Congress with spending cuts.
Obama has been totally unwilling to do this in the current behind-closed-door process. Now the WHITE HOUSE must INITIATE cuts BEFORE coming to Congress.
I see some value here.
There is. Rush criticized McConnell today, but his heart wasn't in it. He even said he understood why people were supporting the proposal.
I want a clean deal, too. But McConnell's no dummy to push the whole mess onto Obama if he won't negotiate.
The bottom of the plan is the debt ceiling is raised without spending cuts.