Obama panders to GOP on stimulus; TPM starts to see light?

It is pretty sad when Barack Obama is proposing to First, we have the ADN getting scooped out Bush-Bush on tax cuts as part of his economic stimulus.

The Obama tax-cut proposals, if enacted, could pack more punch in two years than either of President George W. Bush's tax cuts did in their first two years. Mr. Bush's 10-year, $1.35 trillion tax cut of 2001, considered the largest in history, contained $174 billion of cuts during its first two full years, according to Congress's Joint Committee on Taxation. The second-largest tax cut -- the 10-year, $350 billion package engineered by Mr. Bush in 2003 -- contained $231 billion in 2004 and 2005.

And, that's only PART of this Christmas tree. Read the full story for details. In non-inflated dollars, the total Christmas tree sounds like Reagan's 1981 cuts.

Meanwhile, Senate Minority Leader Mitch McConnell still ain't satisfied. He wants money to states to increase the federal portion of Medicaid spending to be made a loan.

Hey, Obamiac Kool-Aid drinkers, any of you ready to start taking off the rose-colored glasses?

Josh Marshall isat Talking Points Memo.