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A Mere $1 Billion In Cuts In 2012?

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Mark Steyn points out the absurdity of this situation.

The first McConnell Plan looks better and better, because it did not pretend to be a great victory for fiscal restraint and reform, but rather a recognition that the president’s incredible irresponsibility had put the nation’s financial markets at risk. Having promised deep cuts and staged dramatic walk outs, the House GOP is now obliged to deliver or concede defeat. Better the latter than pretending to have won in an epic showdown, which would endanger the credibility of the Congressmen who claimed as much.

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