Obama "Eager to Go Over the Cliff"

Posted: Dec 24, 2012 7:24 AM
President Obama's continued intransigence on fiscal cliff negotiations has stemmed from his belief that the Democrats, fresh off their November electoral victory, are negotiating from a position of strength. Despite the fact that going over the fiscal cliff would do tangible economic damage to the country, both President Obama and Harry Reid have clung to a my-way-or-the-highway approach.

Sen. John Barrasso of Wyoming revealed what the mood is among Republicans on Capitol Hill:

"I believe the president is eager to go over the cliff for political purposes," Barrasso told Chris Wallace on "Fox News Sunday." "He senses a political victory at the bottom of the cliff."

Going over the fiscal cliff entirely and refusing to avert the package of tax hikes and spending cuts at all will cause a recession in 2013.

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