Three 'Should Read Stories' About The Fiscal Cliff | WAMU 88.5 - American University Radio

NPR : News

Three 'Should Read Stories' About The Fiscal Cliff

The bottom line on the fiscal cliff negotiations on Capitol Hill is that things seem far from resolved. As Politico put it, the last we heard is that White House congressional liaison Rob Nabors went to Capitol Hill to tell lawmakers that President Obama is not budging.

If Congress does not come to an agreement, the country is facing steep spending cuts and tax hikes that economist warn could send the economy back into recession.

"In a meeting with leadership staff, Nabors reiterated the administration's hard line that tax rates on top earners must go up, according to Republican sources with knowledge of the meeting," Politico reports. "The White House is also insisting that Congress give it power to raise the debt limit on its own."

House Speaker John Boehner is scheduled for a press conference later this morning and Vice President Joe Biden will continue to publicize the president's proposal by having lunch with a group of middle-class Americans who will be hit by higher taxes if Congress doesn't come to an agreement.

With that, here are three useful stories about the fiscal cliff:

-- "Axelrod says he's encouraged by Boehner, Obama talks" (The Hill)

-- "In Talks on a Budget Deal, Boehner and Obama Stand Alone" (The New York Times)

-- "Debt Ceiling Bluff Called By Harry Reid, Leaving Mitch McConnell To Filibuster Himself" (HuffPost Politics)

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

'Language Of Food' Reveals Mysteries Of Menu Words And Ketchup

Linguist Dan Jurafsky uncovers the fishy origins of ketchup and how it forces us to rethink global history. He also teaches us how to read a menu to figure out how much a restaurant may charge.
NPR

'Language Of Food' Reveals Mysteries Of Menu Words And Ketchup

Linguist Dan Jurafsky uncovers the fishy origins of ketchup and how it forces us to rethink global history. He also teaches us how to read a menu to figure out how much a restaurant may charge.
NPR

Obama To Announce Large Ramp Up Of Ebola Fight

The U.S. military plans to establish a medical base in Liberia to help stop the Ebola epidemic. It will build 1,700 new treatment beds and train up to 500 health care workers every week.
NPR

Smartphones Are Used To Stalk, Control Domestic Abuse Victims

Cyberstalking has transformed domestic abuse in the U.S. Tracking tools called spyware make it cheap and easy for someone to monitor a partner secretly, 24 hours a day.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.