Who will blink first?
Talks to avert ‘fiscal cliff’ show no progress
By Ed O’Keefe, Lori Montgomery and Paul Kane, WashPost, Updated: Wednesday, December 12, 10:27 AM
Talks to avert the year-end “fiscal cliff” appeared on the verge of a significant impasse Wednesday morning after late-night attempts to prevent negotiations from breaking down yielded no significant progress.
President Obama’s chief negotiator, Rob Nabors, rushed to the Capitol late Tuesday to meet with top aides to House Speaker John A. Boehner (R-Ohio) hours after a phone call between the two leaders that Boehner said left the two sides far apart.
“The president and I had a deliberate call yesterday, and we spoke honestly and openly about the differences that we face,” Boehner told reporters Wednesday morning. “But the president’s calling for $1.4 trillion worth of revenue. That cannot pass the House or the Senate.”
Boehner’s characterization of the call was less positive than the way he had described his face-to-face meeting with Obama on Sunday at the White House. On Tuesday, Boehner described that meeting as “cordial.”
(More here.)
Talks to avert the year-end “fiscal cliff” appeared on the verge of a significant impasse Wednesday morning after late-night attempts to prevent negotiations from breaking down yielded no significant progress.
President Obama’s chief negotiator, Rob Nabors, rushed to the Capitol late Tuesday to meet with top aides to House Speaker John A. Boehner (R-Ohio) hours after a phone call between the two leaders that Boehner said left the two sides far apart.
“The president and I had a deliberate call yesterday, and we spoke honestly and openly about the differences that we face,” Boehner told reporters Wednesday morning. “But the president’s calling for $1.4 trillion worth of revenue. That cannot pass the House or the Senate.”
Boehner’s characterization of the call was less positive than the way he had described his face-to-face meeting with Obama on Sunday at the White House. On Tuesday, Boehner described that meeting as “cordial.”
(More here.)
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1 Comments:
Good. Anything to cut spending...if even nothing is done...as long as spending is cut in the end.
No deals without reduced spending.
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