PoliticalProf sees a long, long dance:
But it turns out Republicans aren’t the only ones to have made peace with the sequester cuts. While Democrats might offer Republicans a deal — end defense cuts to restore social welfare spending — it’s pretty clear the Democrats have decided that the Republicans couldn’t — or won’t –deliver on their end of such a deal. That is, given that it is likely Republicans in the Senate will filibuster the restoration of funds for social welfare spending even were the House to support such a plan, the Democrats have decided it’s better to cut defense some than it is to restore defense spending but cut social welfare. At least, Democrats can claim, defense got cut too … and it wasn’t going to get cut any other way.
Read the rest, then you can decide whether he’s on to something.