Top Items:
Jonathan Chait / New York Magazine:
Why Is Obama Caving on Taxes? — The discouraging thing about the “fiscal cliff” negotiations is not that they have gone into the eleventh hour, or that they may go into the new year, or even that they won't resolve the long-term budget deficit. It's that President Obama has retreated on his hard line on taxes.
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Ezra Klein / Wonkblog:
Why the White House thinks it's winning the ‘fiscal cliff’ — Consider the ongoing fiscal cliff negotiations from the White House's perspective. — The specifics of the potential McConnell-Biden deal are fluid, but the bottom line, at the moment, seems to be this: It raises taxes …
Discussion:
The Atlantic Online, Washington Examiner, Booman Tribune, The Maddow Blog and Brad DeLong
Matthew O'Brien / The Atlantic Online:
The Estate Tax Is a Huge Giveaway in the Fiscal-Cliff Talks — It will cost us $375 billion over the next decade if we keep the estate tax from going back to its Clinton-era levels. That's twice the savings from switching to chained CPI. — (Reuters) — It's time to talk …
Discussion:
Hullabaloo, Wonkblog and Post Politics
Sam Stein / The Huffington Post:
Fiscal Cliff Deal Growing More Likely, Would Raise $715 Billion In Revenue … REACT: — FOLLOW: — Bush Tax Cuts, Video, Boehner Fiscal Cliff, Fiscal Cliff, Fiscal Cliff Deal, Fiscal Cliff Tax Revenues, Fiscal Cliff Taxes, Obama Fiscal Cliff, Obama Fiscal Cliff Deal, Tax Hikes, Politics News
Discussion:
Firedoglake, Washington Monthly, The Plum Line, Daily Download, The Gateway Pundit, Post Politics and Mashable!
Politico:
Fiscal cliff: Major progress toward deal — Senate Minority Leader Mitch McConnell (R-Ky.) and Vice President Joe Biden engaged in furious overnight negotiations to avert the fiscal cliff and made major progress toward a year-end tax deal, giving sudden hope to high-stakes talks …
Discussion:
CNN, MarketWatch, TIME, The Fix, The Moderate Voice, ABCNEWS, The Week, Daily Kos, Washington Examiner, Taylor Marsh, Firedoglake, Business Insider and Fox News
bigstory.ap.org:
AP SOURCES: ‘FISCAL CLIFF’ DEAL EMERGING — You are here — Home » United States Congress » AP Sources: ‘Fiscal cliff’ deal emerging — WASHINGTON (AP) — The contours of a deal to avert the ‘fiscal cliff’ emerged Monday, with Democrats and Republicans agreeing to raise tax rates …
Discussion:
The New Republic, Weekly Standard, Power Line, Wake up America, Firedoglake, National Review, Weasel Zippers and Cold Fury
Timothy Noah / The New Republic:
Kill This Deal … Dear House and Senate Democrats, — Your president has sold you out. A deal will likely be announced today canceling the scheduled income-tax increase on all family income below $450,000, instead of the promised $250,000 threshold, which was already too high.
Discussion:
The Huffington Post, Wonkblog, EconoSpeak, Post Politics, The Raw Story, Wake up America and Michelle Malkin
CBS News:
Finally, a “fiscal cliff” breakthrough — Treasury Secretary Timothy Geithner says any potential deal will have to include a tax hike on the upper 2 percent of income earners. But Geithner says the biggest obstacle is Republicans who refuse to budge. Anna Werner reports on how close the parties are in reaching a deal.
Discussion:
For What It's Worth and Outside the Beltway
Brian Beutler / Talking Points Memo:
McConnell's Latest Gambit Is A Big Tax And Debt Limit Tell
Discussion:
Daily Kos
Brian Beutler / Talking Points Memo:
Republicans Lash Out At Obama, Even As Fiscal Cliff Deal Close At Hand
Discussion:
Politico and The Daily Banter
Amie Parnes / The Hill:
Obama says fiscal-cliff deal on taxes ‘in sight’ but not done yet
Discussion:
CNN
Dana Bash / CNN:
Harkin: Democrats unhappy; “We may object” to suggested deal
Discussion:
Talking Points Memo, Hot Air and Post Politics
Deirdre Walsh / CNN:
TRENDING: House unlikely to vote on any deal until after cliff deadline
Discussion:
Politico and Taegan Goddard's …
Jonathan Weisman / New York Times:
2 Sides in Talks Inch Closer but No Fiscal Deal on Final Day
Discussion:
Alan Colmes'Alan Colmes', The Daily Dish and CNN
Katie Glueck / Politico:
Grover Norquist: Tax rates won't increase
Discussion:
The Raw Story and Outside the Beltway
Joshua Green / Business Week:
On the Fiscal Cliff, Republicans Are Blowing a Great Deal
Discussion:
Paul Krugman, Hot Air, The Maddow Blog, Business Insider, The Mahablog and New York Times
First Read:
First Thoughts: Farewell to the 112th Congress
Discussion:
Cagle.com Premium Cartoon News and msnbc.com
Jamelle Bouie / The Plum Line:
Have Democrats lost their leverage on the fiscal cliff?
Discussion:
Wonkblog, Washington Post, Hullabaloo and Daily Kos
The European / The European Union Times:
Clinton Injured, US Navy Seal Killed In Secret US Mission To Iran — A new Foreign Military Intelligence (GRU) report circulating in the Kremlin today is saying that United States Secretary of State Hillary Clinton [photo 2nd right] was injured, and a top US Navy Seal Commander killed …
Discussion:
Weekly Standard and KTLA 5
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Kevin Robillard / Politico:
NBC reporter raises Hillary Clinton questions
Discussion:
Weasel Zippers and The Hinterland Gazette
Frank Newport / Gallup:
Hillary Clinton, Barack Obama Most Admired in 2012
Discussion:
The Daily Caller, The Fix, Politico, The Greenroom, msnbc.com, Washington Examiner and First Read
BuzzFeed:
8 People Who Thought Hillary Clinton Was Faking Her Concussion
Discussion:
Politico, CNN, Daily Download, The Week, Washington Monthly, The New Civil Rights Movement, The Moderate Voice, New York Times, Mediaite, The Maddow Blog, The Raw Story, Hullabaloo, The Daily Dish, Connecting.the.Dots, NBC Politics, Taylor Marsh, Washington Post, Lawyers, Guns & Money, The Agonist and Gawker
Louis Michael Seidman / New York Times:
Let's Give Up on the Constitution — AS the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken. But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.
Discussion:
The Volokh Conspiracy, The Lonely Conservative, Power Line, Examiner, Instapundit, Mediaite, The Daily Banter, Cold Fury, National Review, Weasel Zippers, protein wisdom, The Right Sphere, Conservatives4Palin, Moonbattery, The Daily Caller, Cafe Hayek, Le·gal In·sur·rec· tion, Vodkapundit and Pirate's Cove
Don Kaplan / NY Daily News:
Political commentator Sean Hannity was one of the big losers in the 2012 election — The right-wing Fox News host lost half his audience in the weeks after Obama's win — Fox News Channel host Sean Hannity had predicted President Obama would lose in a landslide.
Discussion:
Politico, The National Memo and The Hinterland Gazette
New York Post:
Greenwich Village couple busted with cache of weapons, bombmaking explosives: sources — The privileged daughter of a prominent city doctor, and her boyfriend — a Harvard grad and Occupy Wall Street activist — have been busted for allegedly having a cache of weapons and a bombmaking explosive in their Greenwich Village apartment.
Discussion:
seattlepi.com, TalkLeft, JustOneMinute, Gawker, Weasel Zippers, The Lonely Conservative, Wizbang, The Greenroom and Small Dead Animals
Washington Post:
(APPLAUSE) — Thank you. Please, everybody have a seat. — Well, good afternoon, everybody. Welcome to the White House. — (UNKNOWN): Thank you for having us. — (LAUGHTER) — OBAMA: Now I realize that the last thing you want to hear on New Year's Eve is another speech from me …
Discussion:
Firedoglake, The National Memo and Greg Mankiw's Blog
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Suzy Khimm / Wonkblog:
Obama's wrong: This ‘cliff’ deal still raises taxes on the middle class
Discussion:
TalkLeft, Business Insider and Post Politics
James Taranto / Wall Street Journal:
Long Walks, Short Piers — The media's attacks on the Second Amendment—and on the First. — America once produced its own bumptious television hosts. Men like Phil Donahue, Wally George, Morton Downey Jr. and Geraldo Rivera did rough and degrading work, but at least they knew the dignity of having a job.
Discussion:
The Gateway Pundit and “The Lid”
Chris Geidner / BuzzFeed:
Barney Frank Opposes Chuck Hagel For Defense Secretary — “I cannot think of any other minority group in the U.S. today where such a negative statement and action made in 1998 would not be an obstacle to a major Presidential appointment,” Barney Frank says. — Image by J. Scott Applewhite / AP
Discussion:
The Daily Dish and Washington Blade
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