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Today in fiscal cliff news: With a deal possibly imminent, Democratic legislators are bringing up small-ball, parochial issues that they hope make it into a grand bargain. [WONKBLOG]
HEADLINES
- Obama says he ‘won’t compromise’ on tax hike for wealthiest in visit to Michigan
President Obama brought his campaign to raise taxes on the wealthy to the greasy cradle of working-class America on Monday, visiting a Detroit area auto engine plant to drum up public support for his plan to avoid the “fiscal cliff.”
» Read full article - WONKBLOG: Where things really stand in the fiscal cliff negotiations
When you drill down to the granular policy level, Republicans aren’t sure what Republicans want. Democrats complain that the Republican offers are bare of policy detail.
» Read full article - The Fix’s new Tax Defector Whip List
Introducing The Fix’s “Tax Defector Whip List,” in which we list the Republicans who have broken with their party in one way or another over tax increases for the wealthy.
» Read full article - Elizabeth Warren won’t endorse a ‘fiscal cliff’ plan
The newly elected senator from Massachusetts declined to describe specific tax rates and spending cuts she would endorse as part of a deal to avert the mandatory tax hikes and spending cuts that will take effect at month’s end unless Washington reaches a deal …
» Read full article - A better way to raise the eligibility age for retirement benefits
Raising the Medicare age makes no sense. But if it has to be done, there’s a better way to do it.
» Read full article - Did Obama pull a bait-and-switch on tax increases?
Republicans argue they hit the target for tax revenue set by Obama during the campaign, while the administration says Republicans are only halfway there. Who’s right?
» Read full article - The ultimate fiscal cliff FAQ
A thorough explanation of wonky terms and key issues in the looming fiscal crisis.
» Read full article
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General post,
There is no “Fiscal Cliff.” There is a point in time when all of the International Banks will collapse under the weight of their own Fraud and then there is everything else us little people have to do to stay afloat.
