In a column by John Podhoretz that is just a little mean. True, but mean. [bold is mine]
News reports in the middle of July suggested that Republican negotiators had agreed in principle to new revenues up to $800 billion in the so-called “grand bargain” Obama had sought.
That would have been a huge accomplishment for Obama, because he would have split the Republican coalition and brought about a political civil war in the rival political party.
But the president increased his revenue demand by $400 billion. In other words, and surely inadvertently, he tanked his own “grand bargain.”
This was a negotiating strategy he apparently picked up from Daffy Duck, who once ended a rapid-fire exchange at gunpoint with Bugs Bunny by turning the rifle on himself and pulling the trigger.

This guy has the same point: http://www.tnr.com/article/the-vital-center/93034/obama-administration-debt-ceiling
“But there are two other less-discussed forks in the road, the first of which occurred just two weeks ago. If news accounts are accurate, the Obama/Boehner talks broke down when the president proposed increasing the revenue component of the grand bargain from $800 billion to $1.2 trillion. Given what he ultimately accepted, $800 billion looks pretty good. (How likely is it that the new congressional committee will be able to agree on anything approaching that figure?) To be sure, we’d have to know more than we do about the other components of the proposed deal, especially the changes in entitlement programs, to reach a solid all-things-considered judgment. And it’s not at all clear that Boehner’s fellow Republicans in the House would have gone along with him on such a bargain, either. But it has been widely reported that the White House shifted its stance only after the Gang of Six made its framework public. If the bipartisan G6 was proposing $1.2 trillion in revenue increases, how could the White House accept less? At the time, that must have seemed like a slam-dunk argument. But it was too clever by half, and the White House ended up throwing away a chance to promote the president’s “balanced” approach to deficit reduction … and, by the way, to drive a wedge into the massed ranks of the opposition.”
UPDATE from Terri: I added quotes around this.