90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Tuesday, January 1, 2013

After Overnight Senate Vote, Fiscal Cliff Deal Heads To House

Sen. John Barrasso, left, R-Wyo., talks with Sen. Brian Schatz, D-Hawaii, who holds up his watch, near the Senate chambers after a vote on the fiscal cliff, on Capitol Hill Tuesday, Jan. 1, 2013 in Washington. (AP/Alex Brandon)

Sen. John Barrasso, left, R-Wyo., talks with Sen. Brian Schatz, D-Hawaii, who holds up his watch, near the Senate chambers after a vote on the fiscal cliff, on Capitol Hill Tuesday, Jan. 1, 2013 in Washington. (AP/Alex Brandon)

On the Today show this morning, NBC political director Chuck Todd predicted that the House will pass a last-minute deal to avoid the so-called fiscal cliff, which passed in the Senate overnight.

But House Speaker John Boehner hasn’t yet scheduled a vote on the bill that would, against the longstanding objections of many Republicans, let income tax rates rise for the first time in 20 years.

The House convenes at noon Tuesday in a rare New Year’s Day session. The Wall Street Journal reports that even though the U.S. technically went over the so-called fiscal cliff at midnight, the economic impact of missing the deadline will be minimal because U.S. markets are closed Tuesday.

Guest:

  • John Bresnahan, senior congressional correspondent for Politico. He tweets @BresPolitico.

Please follow our community rules when engaging in comment discussion on this site.
  • Raoul Ornelas

    Some freaking compromise! This is not why I voted for President Obama! 84% of the Bush tax breaks for the wealthy retained is dead wrong! The problem: We have a millionaire President and a congress made of millionaires (80%) who have stolen my vote for the sake of greed by pretending they are helping the middle class and paying down the BUSH DEFICIT ALONG WITH TWO WARS PAID ON A CHINESE CREDIT CARD on the backs of the middle class. This compromise sucks! $450,000.00 tax break for the wealthy is not a compromise!

  • Dot

    Oh, Robin! I was so disappointed to hear you refer to the Bush tax cuts as”the Bush-era” tax cuts! When did you drink the Republican coolade & decide not to call a spade a spade? Language matters.

    • Robin Y

      Dot I take your point! I didn’t make the distinction you’re making.

      Best
      Robin 

      • It

        Oops. Robin fell off the Democrat talking points. Since language is so important here can someone explain how undocumented means the same as illegal unless you are affraid to “call a spade a spade”?

  • Raoul Ornelas

    Let me do it this way. In the State of Oregon one’s state taxes are based on how much one earns. If one earns below $150,000.00 dollars one’s taxes are lower subsequently if one earns above $150,000.00 one pays more state taxes. Yet if one pays taxes at the federal level (with the Obama compromise) one pays more taxes if one earns more than $450,000.00. Question: If taxes at the State level are increased for earners above $150,000.00 then how come at the federal level they start at the $450,000.00 for already wealthy tax payers? Remedy: Quit making secret tax deals behind closed doors. Second: The Obama compromise must have a Rider Bill, which forces the wages of the Congress including health care be reduced at an incremental level of 20% a month until a resolution is reached on any bill. These people are overpaid for doing nothing and at the same time protecting their money interest. Also, eliminating one’s mortgage tax deduction in any form will gut the remainder of the American middle and lower classes for obtaining a home.  Mitt Romney (of all people) solutions for mangling mortgage deductions should not be discussed on this program.

Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

August 29 Comment

World Championship Tug-Of-War Is ‘A Thing Of Beauty’

This weekend's competition in Wisconsin is a bit more intense than it was in your grade school gym class.

August 29 Comment

Repelling Mosquitoes With A Natural Sticky Patch

The Kite Patch releases odors that block the bug's carbon dioxide receptors, sending them in another direction.

August 28 Comment

Catching Up With The Polyphonic Spree

The choral rock band out of Dallas, Texas, has been thrilling audiences with its live performances for over a decade.

August 28 5 Comments

‘Enormous’ Growth Of Ocean Garbage Patch

The oceanographer who discovered the floating island of trash in 1997 says he's shocked by how much it's grown.