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Fiscal Cliff Compromise: Devil Is In The Definition Of Revenue

It's now widely agreed that steering away from the fiscal cliff — the combination of spending cuts and tax increases set to hit at the start of the year — will require some combination of revenue increases and spending cuts. The central sticking point could well be whether President Obama and Congress can agree on the definition of revenue.
NPR

Taxes Aren't The Only Snag In Budget Talks

Renee Montagne talks with Wall Street Journal economics editor David Wessel about the issues separating President Obama and congressional Republicans in the high-stakes budget talks.
NPR

GOP Pushback On No-Tax Norquist: Less Than Meets The Eye

A handful of Republicans in Congress say they won't honor the Grover Norquist-led no-new-taxes pledge if it prevents a deal to avert the fiscal cliff. "Grover still swings a hammer," says one adviser. "There just aren't as many nails." But others think entitlements, not taxes, could be the sticking point.
NPR

Fiscal Cliff Talks Resume As Deadline Ticks Closer

Negotiations to avert the fiscal cliff remained low-key in the first day of congressional work following the Thanksgiving holiday. Tamara Keith talks to Melissa Block.
NPR

Comedians Parody Two Sides Of President Obama

Comedians Keegan-Michael Key and Jordan Peele have become well-known for their humorous take on race relations. Their video series featuring a cool President Obama and his Vesuvian "anger translator" Luther has become a viral sensation. The duo talks about using comedy to explore touchy racial issues in the 2012 campaign.
NPR

New 'War On Christmas' Takes A Fiscal-Cliff Twist

The White House issued a short report Monday warning of the risks to holiday spending and the 2013 economy if policymakers fail to reach an agreement to avoid the fiscal cliff. The report seemed aimed at raising pressure on Republicans to strike a deal with President Obama.

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