Some version of that could happen though.
McCabe has said that he would never, ever enter into a plea deal (versus by initial grand jury indictment) under any circumstances. That little deviant fantasy might take a couple hits too.
Depends on what all else Horowitz and Durham have on him. If they have stacked up other charges that they are prepared to move on, a plea deal on perjury along might be looking better than McCabe thinks right now. I am kind of beyond the speculation phase. We are entering into the "new information phase" and I will revisit it as that develops.
Also, bear in mind that I have said many times that McCabe might also escape indictment by flipping on Comey and that could be good too. McCabe says that he had permission from Comey to leak certain material to the press but Comey testified before Congress that he absolutely, positively gave NO ONE permission to leak that material. And as I have said, I would not want to be the one to guess who the bigger liar of those two is. Also Comey says he never knew about the dossier beyond just a sign-off perfunctory level. McCabe says that Comey was in on extensive discussions about using it for the fisa warrant, and Lisa Page backs McCabe up and says Comey is definitely lying.
So McCabe may skate, or he may plead to something when he sees what the full boatload of possible charges is, or he may earn points by flipping on others. We shall see. I can only say again that at this time I dont know what all else they have on him, and neither does McCabe, and neither do you.