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

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.

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 …

Conceder In Chief?  —  OK, I've had my own sorta-kinda briefing on the apparent fiscal cliff deal, and I'm pretty much with Noam Scheiber.  Viewed on its own, it's a bad and upsetting deal but not as terrible as initial rumors had it.  But the strategic consequences are likely to be very bad indeed, and in very short order too.

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 …

Here's what Republicans really hated about Obama's news conference  —  President Obama's cheerful, mocking statement enraged Republicans.  But the bigger problem is he said something Republican leaders have been trying to hide from their members.  Obama said, clearly, that if the GOP wants …

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 …

McConnell's Latest Gambit Is A Big Tax And Debt Limit Tell  —  On the Senate floor a few minutes ago Mitch McConnell made Democrats an offer.  Now that he and the White House basically agree on the tax piece of the so-called fiscal cliff, Congress should pass legislation to prevent …

NBC reporter raises Hillary Clinton questions  —  The top science reporter for NBC News raised questions Monday about Secretary of State Hillary Clinton's hospitalization, raising the possibility the blood clot causing isn't linked to an earlier concussion.  —  “It's not exactly clear …