Analysis: What About That Fiscal Cliff?

November 10, 2012 11:49 AM

(KYW’s Larry Kane)

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By Special Contributor Larry Kane

PHILADELPHIA (CBS) – Big political moves underway and a possible area for compromise.

First – the fiscal cliff crisis, the end of tax cuts and reduced spending in January. What you heard from President Obama and house speaker John Boehner was a race toward compromise.

Boehner said the GOP house will not accept tax hikes for the wealthy but he called for quote “raising revenues,” which means the GOP is open to eliminating some tax breaks for the wealthy, like many existing tax deductions. So look and hope for compromise.

On the campaign trail, yes its back, Florida GOP star Marco Rubio heads for a fundraiser next week for the Governor of Iowa, the first test in 2016.

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http://urbandestruction.com/2012/11/10/its-not-a-fiscal-cliff%e2%80%94its-an-austerity-crisis-washington-post-blog-2/ It’s not a fiscal cliff—it’s an austerity crisis. – Washington Post (blog) | urbandestruction.com

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http://urbandestruction.com/2012/11/10/its-not-a-fiscal-cliff%e2%80%94its-an-austerity-crisis-washington-post-blog/ It’s not a fiscal cliff—it’s an austerity crisis. – Washington Post (blog) | urbandestruction.com

[...] by Looming Fiscal Crisis”) to …Obama: Compromise, but not on tax cuts for richBoston.comAnalysis: What About That Fiscal Cliff?CBS LocalObama to Insist on Tax Increase for the WealthyNew York TimesHerald.ie -ABC [...]
http://devisehive.com/its-not-a-fiscal-cliff-its-an-austerity-crisis-washington-post-blog-2/ It's not a fiscal cliff—it's an austerity crisis. – Washington Post (blog) | Devise Hive

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http://discountscardioshop.com/?p=30590 It’s not a fiscal cliff—it’s an austerity crisis. – Washington Post (blog) «

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http://businesstopnews.tk/2012/11/10/its-not-a-fiscal-cliff-its-an-austerity-crisis-washington-post-blog/ It’s not a fiscal cliff—it’s an austerity crisis. – Washington Post (blog) | BusinessTopNews

[...] Some compromise but limits on tax cutsMy Fox 8Obama Hangs Tough on the Fiscal CliffBusinessweekCBS Local -Bloombergall 5,843 news [...]