The White House wants a deal. Administration officials want one because they think passing more stimulus and reducing the deficit is important, and they want one because they think the scheduled austerity would be devastating to the economy. They want one because a budget deal is a necessary precursor to moving on to other priorities like immigration reform, and they want one because a big budget deal is seen as a key element of the president’s legacy.
The White House is firmer on its red lines in this deal than I can remember in any other negotiation. Administration officials don’t want a deal so badly that they’ll accept one that doesn’t raise tax rates, or that leaves another debt-ceiling crisis around the corner.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
If anyone can bring up the 12-11-12 Limbaugh show on the internet it's well worth hearing.It involves the fiscal cliff and how Obama want's Republicans to sign off on his plan so he won't own the inevitable failure by himself.
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