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Obama to Congress: The Time For Immediate Action on Fiscal Cliff is Now

mast1055 Wrote: Dec 28, 2012 11:03 PM
And, wny would you even care whether or not my taxes are raised? It's not going to affect you. Tell me why you object to my taxes being raised.

So how did the last-ditch fiscal cliff meeting go this afternoon? Not great. President Obama again put forth the scaled-back version of the proposal he pitched last week.

A source familiar with the meeting told CNBC that Obama was not making a new offer; just laying out what he thinks can pass the House and Senate. That includes keeping the tax cut for those making up to $250,000 and an extension of unemployment insurance for 2 million people. He will then ask the participants what they are willing to support, and if they don't have a counterproposal that...