Back to work on the Monday after Thanksgiving, the fiscal cliff is still on the minds of many.
Since the election, a few Republicans have come out against the Grover Norquist anti-tax pledge that bind signatories to oppose any and all tax increases. They’re saying they’re willing to break the promise for the good of the country.
Then there are a few Democrats, the so-called “cliff jumpers” who are willing to go off the cliff in order to make sure raising taxes on the wealthy is part of a deal. Congressman John Yarmuth, D-Ky, told msnbc’s Chris Jansing, “I think people are dreaming if they think that we are going to make a deal on entitlements in three weeks. I mean that is just not gonna happen.”
Congressman Yarmuth said that he agrees with Rep. Peter Defazio, D-Or, who told Politico, no deal is better than a bad deal.
“We probably are better off in that respect, if they’re not willing to compromise just on the tax side before the end of the year,” he said. ” Then we are probably better off waiting until the next year with a different Congress and more time to actually deal with more comprehensive approach.”
Aparna Zalani