Punked: GOP Already Losing Fiscal Cliff Talks
This US Government is staging another legislated crisis to close out the year. This year's version is negotiations over the "fiscal cliff," a combination of expiring tax breaks and across-the-board automatic spending cuts. President Obama has promised a "balanced" approach to the negotiations and our fiscal crisis in general. But, if you listen to all the talk around the "cliff" and the media's coverage of it, ALL the discussions are on the tax side of the equation. The GOP has already ceded that the government needs new revenue before getting anything more than pablum on the spending side of the equation.