GOP sets record for quickest surrender in history

Yesterday, the Republican leadership insisted there would be no fiscal cliff deal unless there was a cap on cost of living adjustments for social security. They were adamant - a deal killer. That was yesterday. By last night, that strong stance had melted like a stick of butter at a midsummer Grant Park picnic. The Hill: Sen. Olympia Snowe (R-Maine) said Social Security cuts are all but off the table. She said that the issue would be "a part of a larger debate," later in 2013 when Congress considers raising the debt-ceiling limit.  "It's safe to say that chained CPI will not be a part of ... [the GOP's] proposal. ... We'll leave that for a later day, which I'm pleased about because I'm not a fan of affecting those currently on Social Security, especially the more elderly," said Snowe. "There is a realization that that proposal deserves more study," added Sen. Susan Collins (R-Maine). Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell ...(Read Full Post)