It's All Politics
Originally published on Sun December 16, 2012 11:43 am
Congress has barely two weeks to agree on a deficit-cutting deal to keep the nation from going over the "fiscal cliff" in the new year. The problem is that right now there is no such deal to agree on.
Republicans reject the higher tax rates for top incomes that President Obama demands. And they also insist on more austere entitlement programs, which has Democrats digging in their heels.
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