A high stakes negotiation that got underway two weeks ago on a congenial note has turned acrimonious. We're talking about the effort by the White House and Congress to avoid those automatic tax hikes and sweeping spending cuts that kick in on January 1st. The top two Republicans on Capitol Hill are flatly rejecting what the White House proposed to them yesterday. NPR's David Welna has the story.
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One of the big sticking points in negotiations to avoid the fiscal cliff is President Obama's insistence that income tax rates go up for the wealthiest Americans. Most congressional Republicans are against that idea. Here's House Speaker John Boehner yesterday.
Yes, he talked about the negotiations over taxes and spending cuts. Yes, it was a holiday photo op. But what really struck us about Vice President Joe Biden's this morning to Washington, D.C.'s first Costco store was how, once again, he just seems to have so much fun.
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