Democrats appear ready to give in to cuts in the $30-40 billion range to avoid a government shutdown. The most "extreme" Tea Party Republicans want about $61 billion in cuts for the remainder of the fiscal year. Is this extreme? Actually even the "extreme" $61 billion target is only about 4% of this year's federal deficit. Even the "extreme" proposal is chump change in the face of the real deficit -- rearranging the deck chairs on the Titanic as it sinks!!!
Clearly neither party is dealing with the real issue, nor is the president. This is all political theater -- nothing effective is being proposed by the Republicans, and the Democrats are being dragged kicking and screaming even to this meaningless token compromise.