SMRs and AMRs

Sunday, December 09, 2012

First to blink: Playing 'chicken' again

Boehner, Obama talk 'fiscal cliff' at White House

By Lisa Mascaro and Kathleen Hennessey, LA Times
1:14 PM PST, December 9, 2012

WASHINGTON -- After days of theatrics and threats from both sides, President Obama met privately with House Speaker John A. Boehner at the White House on Sunday afternoon as the two principal negotiators stepped up discussions aimed at crafting an agreement to thwart a looming budget showdown.

Little more than three weeks remain before the nation could face widespread tax increases and massive spending reductions if they cannot produce a deal.

"This afternoon, the president and Speaker Boehner met at the White House to discuss efforts to resolve the fiscal cliff," said Michael Steel, a spokesman for the Ohio Republican. He provided no details, but added that "lines of communication remain open."

A White House official also declined to share details of the meeting. But it was the clearest sign yet that after a week of public posturing and dire warnings intended to sway public opinion, the private negotiations may be producing progress.

(More here.)

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