We're being told the final draft of the proposal is fairer than its predecessor. It's nothing of the kind. In many ways it's worse than the draft that preceded it, and those much-lauded "compromises" evaporate in the cold light of reality.
The next couple of news cycles will be dominated by the deficit commission report. The way Obama reacts to this will be one of the most consequential early signs of which path the administration wants to take going forward.