Wonkblog reports on a bad 24 hours for the White House:
A few weeks ago, the Obama administration was firm that they wouldn't budge on tax rates for income above $250,000 and that they wouldn't budge on the debt ceiling. They've since budged on both. Republicans increasingly think the White House will concede more now, and that if they don’t concede more now they’ll definitely give Republicans a better deal if threatened with debt default. Whether or not that’s true, it pulls Republicans — and Boehner — to the right, as it makes it harder for Boehner to argue for a compromise now.
Meanwhile, the White House has problems within their coalition, too. Their allies are disappointed to see an old dynamic reasserting itself: The president makes concessions, thinking he’s close to a deal, and then the Republicans pocket those concessions, offering nothing but renewed threats to blow up the talks in return.