1.  No ACORN money:  All money goes to debt reduction

 

2.  No blank check:  Treasury is required to develop an insurance program

 

3.  No union power grab:  Dodd-Frank permitted unions to force themselves into the board room.  This proposed compromise eliminates that.

 

4.  No “cram down” bankruptcy provision (aka, trial bar giveaway): 

 

5.  No tax hikes:  The proposed compromise simply requires a proposal to Congress to recoup any potential losses.