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So the president waltzes out in his finest campaign style to proclaim that the GOP has caved on taxes — a loss for the GOP on principle.

And Fox reports that there will be no spending cuts. A win for Dems on principle.

Thus the Senate GOP leadership.

And the House GOP? We shall see.

The cliff clock ticks.

About the Author

Jeffrey Lord is a former Reagan White House political director and author. He writes from Pennsylvania at jlpa1@aol.com.

http://spectator.org/blog/2012/12/31/gop-caves-surrender-on-tax-rat

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