With Washington still divided in the aftermath of last week’s election, can the President and Congress keep the nation away from the so-called fiscal cliff? We’ll hear about the prospects for compromise to avoid another recession.
FROM THIS EPISODE
The Gulf Cooperation Council said today its six member states will recognize the newly formed National Coalition of the Syrian Opposition as the legitimate representative of the Syrian people. Meantime, Israel tanks made a direct hit on Syrian military targets in response to mortar fire that fell near an army post in the Golan Heights. Borzou Daragahi is in Egypt for the Financial Times.
The "fiscal cliff" means all income-tax payers are in for an increase and most government programs are in for massive reductions by the first of next year. What if the re-elected President and the lame-duck Congress can't make a deal? Would gridlock necessarily lead to another recession? We look at the financial picture and ask which players have the most to gain or lose in the aftermath of last week's election.
David Wessel, Brookings Institution (@davidmwessel)
Dana Milbank, Washington Post (@Milbank)
Dean Baker, Center for Economic and Policy Research (@DeanBaker13)
Doug Holtz-Eakin, American Action Forum (@djheakin)
On Friday, former Army General David Petraeus resigned as director of the CIA, citing his own bad judgment for an extramarital affair. California's Democratic Senator Dianne Feinstein, Chair of the Senate Intelligence Committee, was surprised that the FBI never notified her about the investigation. Petraeus resigned after the FBI told him it had uncovered his affair with Paula Broadwell, author of All In, an admiring account of Petraeus’s Army career. Former Washington Post military correspondent Thomas Ricks, author of the Pulitzer Prize-nominated Fiasco, a critique of the war in Iraq, has written a scathing history of top leadership in the Army since the end of World War II. The Generals attributes military failures in Korea, Vietnam, Iraq and Afghanistan to a lost culture of accountability.
Thomas E. Ricks
More From To the Point
Special: ‘Trump Baby’ flies over Big Ben… President Trump flies to Europe this week for meetings with NATO, the Queen and Russia’s President Putin. But the president won’t be the only Trump flying when he lands in the UK. An enormous, orange “Trump baby” balloon, complete with a diaper and cell phone is set to float just above the streets of London, for all to see. What else do British protestors have in store?
On the road to SCOTUS: Politics trumps the law Conservative Judge Brett Kavanaugh’s Senate confirmation looks highly likely, but crucial issues won’t go away. The Supreme Court may see cases involving abortion, health care and the limits of presidential power. Can Democrats use upcoming hearings to dramatize what’s at stake--before November’s elections?
Politics and ‘incivility’ One Democrat wants Trump aides confronted in public over separating immigrant families. But her party’s leaders call that “incivility.” The question is: does moderation accomplish real change -- or is it a smokescreen for the status quo? When it comes to achieving racial equality, what’s worked and what hasn’t?
Family migration and the politics of incivility Separating immigrant families at the border may be something new, but the US has never extended the “Good Neighbor Policy” to Central America. Clinton and Bush discouraged newcomers, and Obama was called, “Deporter in Chief.” We’ll provide context ignored in mainstream media coverage.
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