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Both Sides Must Give Ground To Avoid Fiscal Cliff

Texas Chris Wrote: Nov 19, 2012 2:46 PM
Meanwhile, those bureaucrats are arming themselves. Social Security has it's own SWAT team, and millions of rounds of ammo. IRS has its own SWAT team. Parks and Wildlife has its own SWAT team. They're gearing up for our eventual revolt.
In his first formal press conference in months, Barack Obama showed that getting re-elected can increase a president's confidence and combativeness. He staked out tough stands on several issues, especially on the looming budget negotiations.

Looking ahead to the "fiscal cliff" on Dec. 31, when the 2001 and 2003 tax cuts expire and sequestration cuts government spending sharply, Obama demanded $1.6 trillion of increased revenues as part of any budget bargain.

That's twice the number he and Speaker John Boehner agreed on in the grand bargain talks in the summer of 2011.

Those talks fell apart when Obama telephoned Boehner and raised his demand...