Earlier: House just passed the Senate fiscal/tax bill, with Boehner and Ryan voting aye and Cantor and his ilk no. Fifteen or so Dems voted No, and about one-third of GOP voted aye. Here's Paul Krugman's assessment at his blog.
So why the bad taste in progressives’ mouths? It has less to do with where Obama ended up than with how he got there. He kept drawing lines in the sand, then erasing them and retreating to a new position. And his evident desire to have a deal before hitting the essentially innocuous fiscal cliff bodes very badly for the confrontation looming in a few weeks over the debt ceiling.
If Obama stands his ground in that confrontation, this deal won’t look bad in retrospect. If he doesn’t, yesterday will be seen as the day he began throwing away his presidency and the hopes of everyone who supported him.