"I will not impose this model on anyone," Mr Osborne will say, "but nor will I settle for less."
It is a form of divide and conquer - Gideon's way or no way. Cities either go for the deal and get a little bit of control over spending or they refuse and get nothing. And when I say "cities" I do not mean the local people, they will not be asked, I mean their local councillors, and they will never pass up a chance for more power.
It will create a two tier England and set city against city and region against region. What we will not get is an English parliament serving the English people as a whole.