Fiscal Cliff Solution Falls to the Senate
Posted at 8:45 a.m. on Dec. 26, 2012
With the House of Representatives in seeming disarray after Speaker John Boehner’s (R-OH) failed “Plan B” to avert the “fiscal cliff,” some senators are launching efforts to arrange a smaller deal before the end of the year, according to the New York Times.
“The president urged senators to take up legislation extending the Bush-era tax cuts on income under $250,000 and preventing the expiration of unemployment benefits, while delaying the defense and domestic spending cuts to allow negotiations on a deficit deal continue.”
“Mr. McConnell has played the role of Congressional deal closer before… But in this case, neither he nor the junior members of his leadership have given any indication that they will intervene… With Mr. McConnell’s own re-election bid coming in 2014, Democrats are worried that he will do nothing to shift the anger onto himself.”