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Thursday, December 27, 2012

No Deal In Sight As ‘Fiscal Cliff’ Deadline Nears

President Barack Obama arrives at Andrews Air Force Base, Md., on Thursday. (Carolyn Kaster/AP)

President Barack Obama arrives at Andrews Air Force Base, Md., on Thursday. (Carolyn Kaster/AP)

Progress toward avoiding the “fiscal cliff” appears to be stalled – with the Senate’s top Democrat accusing House Speaker John Boehner of standing in the way of a solution to the looming tax hikes and spending cuts.

Speaking on the Senate floor today, Harry Reid accused Boehner of appearing to “care more about keeping his speakership than about keeping the nation on sound financial footing.”

Reid said the House could easily have passed a plan approved by the White House, with a majority of Democratic votes and a few dozen Republican votes. But House leaders generally avoid doing that, because they might alienate the Republican caucus and jeopardize the speaker’s job.

Also today, the White House says President Barack Obama made phone calls to Boehner, Reid, Senate Minority Leader Mitch McConnell and House Minority Leader Nancy Pelosi before he left Hawaii for Washington yesterday. A statement says Obama got an update on the “fiscal negotiations,” but it offered no detail on who is negotiating and whether the talks are getting anywhere.

As Obama flew back to Washington, even a stopgap solution seemed to be in doubt.

The House has passed a Republican plan to avert the fiscal cliff, and the Senate has passed a Democratic version. The deficit-cutting projections differ by hundreds of billions of dollars over 10 years.

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  • http://www.facebook.com/profile.php?id=100003000884786 Navin R Johnson

    This is just a sign confirming the fact our government has ceased functioning in a proper fashion.  All forms of government suffer from weaknesses, and it appears that a democratically elected Republic can fall prey to special interest groups wielding inordinate power in favor of the common good.

  • http://www.dregstudios.com Brandt Hardin

    Will we ever see bipartisan politics in our country again?  The fringe element within the Republican Party has pushed them all to the far right of the isle where they’ve gridlocked our government for two years now.  Will the next two be any different?  They’ve been very public about their main goal being to block and bamboozle the President’s every move.  It takes many hands to paint the Blackface on Obama.  See my visual report of his makeup session at http://dregstudiosart.blogspot.com/2012/10/bamboozling-obama.html

    • RobertLongView

      Nice work, you are a prophet!  Thank you.  It must be hard for a capitalist to make a living up in middle Tennessee where the anti-Muslim faction swing the sword of the Lord so mighty.  May God bless you and Happy New Year!  

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