Yeah, I will wait for some more analysis. Hussein is the loser here, in my first look—but it is possible Red State is right.
This has been a huge win for the GOP. The RATS will continue to own the economy, they will own a coming downgrade, and we have framed a package in accordance with our terms: no tax increases and 1:1 formula.
It is now up to Pelosi to pass this slop - her president has signed off. Boehner and McConnell can let their members vote NO.
Hugh Hewitt’s picking up much the same vibe:
http://www.hughhewitt.com/blog/g/98b5e979-c26d-4da0-bb80-e5e5b60198cd