In response to:

Both Sides Must Give Ground To Avoid Fiscal Cliff

Kachina27284 Wrote: Nov 19, 2012 4:37 PM
Let's see. Obama runs up multiple deficits over $1 trillion for four years, adding $6 trillion to the debt. So, now, he is concerned about deficits and debt, and we need a balanced approach to reduce them. And, Republicans need to give in on tax increases now for those making more than $200,000 as part of the balanced approach, and the Dems are going to promise spending reductions over coming years. What could possibly go wrong with that?
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...