The Fiscal-Cliff Bowl: A Viewer’s Guide

Finally, the end game has begun—a contest of will and tactics that has been coming for months. With the deadline for the expiry of the Bush tax cuts and the imposition of automatic spending cuts set for midnight on Monday, the two sides have started talking again, and President Obama has said he is “modestly optimistic” that a deal can be done. Senate Minority Leader Mitch McConnell, a new player in the negotiations, said on Friday night that he and Speaker John Boehner will keep talking with the Democrats over the weekend, in the hopes of coming forward as early as Sunday with a proposal they can present to their members.

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