Breakfast in America: November 30, 2012

  • President Obama’s supposed opening bid in the fiscal cliff negotiations. Reich seems more freaked out about these cuts than he probably should — there could well be $400B over the course of a decade in Medicare that could be cut without really hurting services (though admittedly I’m not a health policy expert).
  • But predictably Republicans are pretending that this includes “no concessions.” Amazing.

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