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

For Carl Phillips, Poetry Is Experience Transformed — Not Transcribed

Phillips' new collection is both raw and refined, drawing on intimate experience while shunning autobiography. "I become uncomfortable when people make an equation between author and poem," he says.
NPR

#NPRreads: Middle East Air Quality, Lead Poisoning, And Jell-O

Around the newsroom and around the world, here's what we're reading this week.
NPR

Donald Trump In 9 Quotes And 200 Seconds

Trump took his act on the road to Tennessee, where he thrilled a conservative audience with an off-the-cuff routine that bordered on stand-up comedy.
NPR

No More Standing By The Spigot: Messaging App Alerts Water Availability

A startup in India — where an aging, ad hoc system limits water availability — is using text messages to let people know when their faucets should work, so they don't waste hours awaiting the deluge.

Leave a Comment

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