Top Items:
Politico:
House GOP opposition to fiscal cliff bill grows — A carefully-crafted Senate compromise to avert the fiscal cliff could be in jeopardy, as House Republicans seem nearly certain to tweak the legislation and send it back to the Senate because it doesn't contain sufficient spending cuts.
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Peter Schroeder / The Hill:
CBO: ‘Fiscal cliff’ deal carries $4 trillion price tag over next decade — The Senate deal to avoid the “fiscal cliff” will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO).
Discussion:
Politico, CNN and The Gateway Pundit
Jonathan Weisman / New York Times:
Senate Passes Tax Increases on Wealthy Americans — WASHINGTON - The Senate, in a pre-dawn vote two hours after the deadline passed to avert automatic tax increases, overwhelmingly approved legislation Tuesday that would allow tax rates to rise only on affluent Americans …
William Kristol / Weekly Standard:
Say Yes to the Mess — The fiscal cliff deal that the Senate passed early this morning is ridiculous in too many ways to count. There seem to be no figures from the Congressional Budget Office and only “very preliminary” figures from the Joint Tax Committee about the real spending and revenue implications.
Discussion:
CNNMoney.com and The Daily Caller
Jennifer Steinhauer / New York Times:
House Takes On Fiscal Cliff — As the new year began on Tuesday, Congressional efforts to head off tax increases on most working Americans shifted to the House, where members began to pore over details of a plan passed by the Senate in the early morning hours as Republican leaders began …
Discussion:
CNN, Politico, The Week, The Maddow Blog and Balloon Juice
Bob Cusack / The Hill:
Boehner's 100 loyal soldiers might give him political cover on ‘fiscal cliff’ — Speaker John Boehner (Ohio) has about 100 Republican members he can count on if and when the Senate-passed “fiscal-cliff” bill hits the House floor, according to an analysis by The Hill.
Discussion:
The Hill, Hullabaloo, Hot Air and Crooks and Liars
Alexander Bolton / The Hill:
Senate Democrats will reject House changes to tax bill, aides say — Senate Democratic leaders say they will reject any House effort to amend a fiscal cliff deal that passed the upper chamber with overwhelming support on New Year's Day. — “The House Republicans have two choices …
Discussion:
ABCNEWS, AMERICAblog and Taegan Goddard's …
Brian Beutler / Talking Points Memo:
Could A Boehner-Cantor Rift Send The Country Over The Fiscal Cliff? — A rift at the highest level of House Republican leadership is imperiling Senate-backed legislation to yank the economy back from over the fiscal cliff — legislation that House Republicans directly asked their GOP counterparts in the Senate to negotiate and pass.
Discussion:
The Moderate Voice, Alan Colmes'Alan Colmes', The Hill, Associated Press, Bloomberg and Post Politics
David Brooks / New York Times:
Another Fiscal Flop — Over the course of the 20th century, America built its welfare state. It was, by and large, a great achievement, expanding opportunity and security for millions. Unfortunately, as the population aged and health care costs surged, it became unaffordable.
Discussion:
Mother Jones, Firedoglake, Right Wing News and The American Conservative
John Stanton / BuzzFeed:
House Conservatives Theaten To Kill Fiscal Cliff Deal
House Conservatives Theaten To Kill Fiscal Cliff Deal
Discussion:
The Raw Story and Washington Post
Matthew Boyle / BREITBART.COM:
FISCAL CLIFF DEAL: $1 IN SPENDING CUTS FOR EVERY $41 IN TAX INCREASES
FISCAL CLIFF DEAL: $1 IN SPENDING CUTS FOR EVERY $41 IN TAX INCREASES
Discussion:
Patterico's Pontifications, Chicago Boyz, Politico and Twitchy
Ryan Grim / The Huffington Post:
U.S. Fiscal Cliff Deal Leaves House Republicans Angry, Deal In Jeopardy
U.S. Fiscal Cliff Deal Leaves House Republicans Angry, Deal In Jeopardy
Discussion:
CNN and Balloon Juice
William A. Jacobson / Le·gal In·sur·rec· tion:
Senate passes massive tax cut which raised taxes over $600 billion in middle of night without reading the bill
Senate passes massive tax cut which raised taxes over $600 billion in middle of night without reading the bill
Discussion:
Twitchy, Business Insider and Post Politics
CBS News:
Fiscal cliff deal heads to House after Senate vote
Fiscal cliff deal heads to House after Senate vote
Discussion:
Le·gal In·sur·rec· tion, Michelle Malkin, Prairie Weather and Calculated Risk
Pete Kasperowicz / The Hill:
Focus now turns to the House
Focus now turns to the House
Discussion:
Politico, Booman Tribune, CNN and The Impolitic
Fox News:
Fiscal crisis measure now heads to the House for approval
Fiscal crisis measure now heads to the House for approval
Discussion:
Fox News Insider and protein wisdom
Paul Krugman:
Perspective on the Deal — To make sense of what just happened, we need to ask what is really at stake, and how much difference the budget deal makes in the larger picture. — So, what are the two sides really fighting about? Surely the answer is, the future of the welfare state.
Peter Baker / New York Times:
View From the Left: Obama ‘Kept Giving Stuff Away’ — President Obama's fiscal deal with Republicans has touched off a fresh wave of grievance among disappointed liberals who complained that he caved in on taxes and sent a signal that he would ultimately surrender on other priorities as he prepared to open his second term.
Discussion:
The Agonist, Hullabaloo and Firedoglake
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Zeke Miller / BuzzFeed:
White House Claims Victory In Fiscal Deal
White House Claims Victory In Fiscal Deal
Discussion:
Politico and The Daily Caller
Ezra Klein / Wonkblog:
Wonkbook: Everything you need to know about the fiscal cliff deal
Wonkbook: Everything you need to know about the fiscal cliff deal
Discussion:
JustOneMinute, The Mahablog and Angry Bear
Sabrina Siddiqui / The Huffington Post:
Obama Fiscal Cliff Remarks Spark Republican Threats To Blow Up Deal
Obama Fiscal Cliff Remarks Spark Republican Threats To Blow Up Deal
Discussion:
ctj.org, Wonkblog, The Gateway Pundit and Associated Press
Donovan Slack / Politico:
White House declares victory — The White House issued a “fact sheet” statement Tuesday declaring the fiscal cliff agreement a victory, though the House has yet to vote on the measure. — “At this make or break moment for the middle class, the President achieved a bipartisan solution …
Discussion:
The Gateway Pundit, Weasel Zippers and The Hinterland Gazette
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Noel Sheppard / NewsBusters.org blogs:
Kathy Griffin Kisses Anderson Cooper's Crotch On National Television — No matter what vulgar things Kathy Griffin does on CNN's live New Year's Eve broadcasts, the folks at the supposedly most trusted name in news continue to invite her back. — On Monday night's program …
Discussion:
Ed Driscoll, Right Wing News, The Jawa Report and Small Dead Animals