Tuesday, November 20, 2012

Democrats want to go over the fiscal cliff first, bargain later

Some Democrats are pushing an unorthodox idea for coping with the "fiscal cliff": Let the government go over, temporarily at least, to give their party more bargaining leverage for changes later on.
The idea has plenty of skeptics, and the White House regards it frostily. But it illustrates the wide range of early negotiating positions being staked out by Republicans and Democrats as lawmakers gathered Tuesday for their first postelection talks on how to avoid the looming package of steep tax hikes and program cuts.
Just as brazen, in the eyes of many Democrats, is the GOP leaders' continued insistence on protectingtax cuts for the rich. President Barack Obama just won re-election, campaigning on a vow to end those breaks.


Read more: http://www.gopusa.com/news/2012/11/14/ap-democrats-want-to-go-over-the-fiscal-cliff/

No comments: