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Joe’s Journal: The Fiscal Cliff

Joe takes a look at the fiscal cliff and what needs to be done. Today, President Barack Obama and House Speaker John Boehner are swapping barbed political charges. But they’re carefully leaving room for further negotiations on an elusive deal to head off year-end tax increases and spending cuts. Boehner expressed confidence the Republicans’ narrow so-called Plan B bill would clear the House tomorrow despite opposition from some conservative, anti-tax dissidents, but a cold reception awaits the measure in the Democratic-controlled Senate.

 

Report provided by the Associated Press.

© Copyright 2012 The Associated Press. All Rights Reserved.

This material may not be published, broadcast, rewritten or redistributed.

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