They are giving waivers now for targets that come due in 2014!
Of course, "comply or face the consequences" is totally out of the question. Just ask Matt Yglesias:
"Simply refusing to grant waivers would be an unworkable non-starter. The issue is whether to just hand the waivers out, or to impose conditionality."
Anybody still think we can pass a bill now that actually would lock in long-term deficit reduction?