ECONOMY

Obama Says Fiscal Cliff Deal Appears 'Within Sight'

Updated: December 31, 2012 | 1:51 p.m.
December 31, 2012 | 1:50 p.m.

President Obama said on Monday that a deal to avert the fiscal cliff of automatic tax hikes and spending cuts seems to be "within sight."

  • Vice President Joe Biden and Senate Republican leader Mitch McConnell have been in talks over a compromise.
  • The talks have yielded substantial progress on tax issues. One point of contention has been over whether to delay across-the-board spending cuts known as the sequester.

Get the latest news and analysis delivered to your inbox. Sign up for National Journal's morning alert, Wake-Up Call, and afternoon newsletter, The Edge. Subscribe here.


Read & Post Comments
Leave A Comment
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus
Follow National Journal
Related Content
Expert Opinions
Energy Experts

What's at Stake with Natural-Gas Exports?

53 minutes ago

Latest Response by Skip Horvath: Stick to Free Trade & U.S. Will Benefit

Energy Experts

What's at Stake with Natural-Gas Exports?

8:23 p.m.

Latest Response by William O'Keefe: LNG: A Rising Tide Does Raise All Boats

Transportation Experts

Do We Suddenly Hate Driving?

6:39 p.m.

Latest Response by Laura Barrett: P3s Must Be Accountable to Public

More Expert Opinions »
Columns
Charlie Cook: The Cook Report

Republicans Should Go Easy on Obama, At Least in Public

May 16, 2013
As a tactical matter, a subterranean campaign will score more direct hits on the president.
Ronald Brownstein: Political Connections

How the White House Scandals Could Hurt Republicans, Too

May 16, 2013
By enraging the base and strengthening the faction least willing to compromise with Obama, the IRS and Benghazi affairs could hurt a GOP shot at the presidency.
Norm Ornstein: Washington Inside Out

Eric Cantor’s Caucus Thwarts His Push for an Alternative Agenda

May 16, 2013
Cantor has learned that the tea-party movement he helped foster won’t fall in line behind his efforts to push an alternative conservative agenda.
More Columns »