Last month, I had a piece about Joe Biden’s stimulus plan, under which the federal government would fling $1.9 trillion at pretty much everyone in sight. Now ten moderate Republican senators have a $618 billion counteroffer and are meeting with Biden today. The number ten is significant because these senators could combine with the 50 Democrats to override a filibuster. (The 50 Democrats by themselves would have to rely on the filibuster-proof “reconciliation” process and a tie-breaking vote from the vice president.)

The proposal basically downgrades the Biden plan from “holy cow is that insane” to “I guess it wouldn’t be …