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Tuesday, 27 November 2012

First Thoughts: Running in circles

First Thoughts: Running in circles

1 comment:

RAYLOKE said...

RUNNING IN CIRCLES, ...By NBC's Chuck Todd, Mark Murray, Domenico Montanaro, and Brooke Brower





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*** Running in circles: In the latest development in the “fiscal cliff” negotiations, the White House announced this morning that President Obama will be hitting the road on Friday to make his case that the Bush tax cuts should be extended for the middle class, but not for income above $250,000. The president will travel to the Philadelphia suburbs, in Hatfield, PA, to deliver remarks at the Rodon Group manufacturing facility. In addition to that trip on Friday, Obama today meets with small-business owners and tomorrow with middle-class Americans who the White House says will be impacted if the tax cuts aren’t extended. While Team Obama is beginning to increase its activity as we get closer to the fiscal cliff deadline at the end of the year -- we learned yesterday that Obama chatted over the phone with House Speaker John Boehner on Saturday (along with Senate Majority Leader Harry Reid) -- the reality is that everyone is going to run in circles over the next couple of weeks. Why? Because Washington typically needs the pressure of a deadline to get things done. There’s more of a chance for getting a deal in mid to late December. That’s just the nature of how this process works. And by the way, it’s what the negotiators themselves know. All of them have privately expressed an interest to hit the fast forward button on the DVR and simply get to the end game.