Negotiations and the 'Fiscal Cliff'

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Image-for-WWLA.jpgAfter the election three weeks ago, leaders of both parties posed for pictures at the Obama White House and vowed to avoid another dramatic confrontation over the so-called "fiscal cliff" looming at the end of the year.  Making a real deal is another matter.  This week, the President is conducting a very public campaign to raise taxes on three million families who make more than $250,000 a year. At the same time, Republicans have been drawing their own lines in the sand. What are the prospects of Democrats and Republicans reaching a deal? Would it be so bad if they didn’t?




Warren Olney