Current Weather
The Spy FM

Today’s Three Stories To Read About The ‘Fiscal Cliff’

Filed by KOSU News in Politics.
November 30, 2012

The White House and congressional leaders continue to talk about taxes, spending cuts and how to avoid the so-called fiscal cliff that arrives at midnight Dec. 31 — when Bush-era tax cuts are set to expire and automatic spending cuts are set to go into effect.

As NPR and others cover the story, we’ll try to to point to interesting reports and analyses. Here are three of the latest.

– “Obama To GOP: I’m Done Negotiating With Myself,” by Ezra Klein on The Washington Post’s Wonkblog. Klein writes that:

“We’re seeing two things here. One is that the negotiations aren’t going well. When one side begins leaking the other side’s proposals, that’s typically a bad sign. The other is that Republicans are frustrated at the new Obama they’re facing: The Obama who refuses to negotiate with himself.

“That’s what you’re really seeing in this ‘proposal.’ Previously, Obama’s pattern had been to offer plans that roughly tracked where he thought the compromise should end up. The White House’s belief was that by being solicitous in their policy proposals, they would win goodwill on the other side, and even if they didn’t, the media would side with them, realizing they’d sought compromise and been rebuffed. They don’t believe that anymore.”

– “McConnell ‘Burst Into Laughter’ as Geithner Outlined Obama’s Plan,” by Fred Barnes for The Weekly Standard. He reports that:

“Mitch McConnell, the Senate Republican leader, says he ‘burst into laughter’ Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.”

– “How Much Income Taxes Could Rise: A Breakdown Of The Options,” by NPR’s John Ydstie on our It’s All Politics blog. In the negotiations, John writes:

“Perhaps the most important sticking point is over income tax rates. The outcome of the negotiations will determine how many Americans will face higher tax rates — and how much of a hike it will be.” [Copyright 2012 National Public Radio]

Leave a Reply

5AM to 9AM Morning Edition

Morning Edition

For more than two decades, NPR's Morning Edition has prepared listeners for the day ahead with two hours of up-to-the-minute news, background analysis, commentary, and coverage of arts and sports.

Listen Live Now!

9AM to 10AM The Takeaway

The Takeaway

A fresh alternative in morning news, "The Takeaway" provides a breadth and depth of world, national and regional news coverage that is unprecedented in public media.

View the program guide!

10AM to 11PM On Point

On Point

On Point unites distinct and provocative voices with passionate discussion as it confronts the stories that are at the center of what is important in the world today. Leaving no perspective unchallenged, On Point digs past the surface and into the core of a subject, exposing each of its real world implications.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center