Gang of Five

Reuters
Reuters

Coburn pulls out Tues., says talks faltering over entitlement reform.

And: Wash Post on the new math for debt compromise.

This would seem to end any realistic chance the Gang had to impact this debate. Coburn was essential to give cover to get a deal that had tax increases in it. Of course, the Biden talks have somewhat supplanted the Gang’s work, but not as much as the conventional wisdom had it. This isn’t a death knell for the grand bargain, but, to mix the metaphor, the Fat Lady is warming up.
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