Suderman is optimistic:
There are still subtle signs that this is just a final round of posturing before a last-minute deal shapes up. A number of House Republicans have signaled that while they aren’t thrilled with the direction things are going, they want to make a deal, and will probably ultimately support whatever final plan Boehner gives them. And while the White House isn’t budging form its previous offers right now, they’re also not saying they’re done. President Obama is still urging Republicans to accept his offer. Indeed, lines of communication are still open. And both sides still seem to want to make a deal. If they don’t, it’ll be because they stopped here and never got any closer. But with more than a week left before the deadline, I wouldn’t count on that just yet.
I'm staggered by Boehner's complete capitulation to the extremists. Obama campaigned very clearly on restoring Clinton tax rates for those earning over $250,000. He won decisively. The Democrats won the Senate. Only ruthless gerry-mandering managed to turn a popular vote defeat for the GOP into a majority in the House. Obama already made a concession on rates: agreeing to a limit of 
$400,000. Boehner's response? Not to take the compromise but to unilaterally hold a vote on a limit of $1 million and a reversal of the sequester only on defense spending.
I wish I could feel as sanguine as Peter. But I'm not. Not just the country's fiscal standing, but the global economy rests on getting to a reasonably balanced big deal. But the GOP appears incapable of acting for the public good. They cannot operate responsibly within the constitutional framework of this country. Their absolutism even in the face of stinging electoral defeat and hefty public opposition is a function of their existing in a hermetically-sealed ideological universe where the only thing they care about is not being primaried by someone even further to their right. That's right: the only thing. Not the country; not the debt; not the global economy; not the voters; not the American economy. They are vandals, not representatives, a rogue threat not just to this country but to the wider economic system in the world. They have already been prepared to abuse the debt ceiling and the filibuster in their adolescent anarchism. And now they propose this ridiculous Plan B – whose actual impact on the fiscal crisis can be seen in the graph here.
We have a constitutional crisis: an opposition party so ideological and so bent on its own power at the expense of everything else, that the system cannot work. Only public opinion has a chance of swaying them. But when you're as fanatical as these zealots, public opinion is about as relevant as the thought that they should actually exercize basic responsibility.
The Dish 