Tagged: Fiscal Cliff

Transcript

GUY RAZ, HOST:

It's WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Guy Raz.

It seems less and less likely that a deal to avert the fiscal cliff will be reached before the New Year. And much of that may have to do with a divided opposition. James Fallows of The Atlantic is with me now, as he is most Saturdays. Jim, hello.

JAMES FALLOWS: Hello, Guy.

Transcript

SCOTT SIMON, HOST:

As we've just heard, this breakdown in negotiations within the Republican Party is troubling for Speaker Boehner. It also stifles negotiations to avert the combination of deep spending cuts and tax increases. That will come without a bipartisan agreement.

We're joined by Norm Ornstein, an experienced observer of Congress and politics. He's resident scholar at the American Enterprise Institute. Thanks for being with us.

NORM ORNSTEIN: Oh, it's always a pleasure, Scott.

In a news conference Friday, President Obama said there were still things the parties could agree on about the automatic tax-rate increases and spending cuts at the end of the year. But he said parties would have to work together to get a plan approved in the next 10 days.

"Call me a hopeless optimist, but I actually still think we can get it done," he said, after meeting with Senate Democratic leader Harry Reid and speaking to Republican House Speaker John Boehner.