Chicago Sun-Times
The scoop from Washington

Biden, McConnell near fiscal cliff deal: Still faces Senate, House votes

| No Comments


"Yesterday, after days of inaction, I came to the floor and noted we needed to act, but that I needed a dance partner. So I reached out to the Vice President in an effort to get things done.

"I'm happy to report that the effort has been a successful one and as the President just said, we are very close to an agreement.

"We need to protect American families and job creators from this looming tax hike. Everyone agrees that action is necessary. And I can report that we've reached an agreement on the all the tax issues.

"We are very, very close.

"As the President just said, the most important piece, the piece that has to be done now, is preventing the tax hikes. He said: "for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow." He suggested that action on the sequester is something we can continue to work on in the coming months.

"So I agree, let's pass the tax relief portion now. Let's take what's been agreed to and get moving. The President wants this, members of Congress want to protect taxpayers, and we can get it done now.

"Let me be clear: We will continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting Americans from the tax hike that will take place in about 10 hours.

"We can do this. We must do this.

"I want my colleagues to know that we'll keep everyone updated."

####

Leave a comment

Monthly Archives

Get the Sweet widget

More widgets

Video

Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

Stay in touch

About this Entry

This page contains a single entry by Lynn Sweet published on December 31, 2012 2:20 PM.

Obama making fiscal cliff appeal 1:30 p.m. EST was the previous entry in this blog.

Hillary Clinton: Blood clot between her brain and skull. Doctors' statement is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.