Courtesy of Bruce Krasting.
At his press conference yesterday, the President said (again) that Step Number 1 in the cliff negotiating process is to have Congress pass the middle class tax extension (<$250k). Obama said that after the middle class cut was signed into law, he would negotiate with Congress on all of the other issues that are on the agenda for the end of the year. I, for one, don’t believe a word of that offer. If Congress were to agree on those middle class cuts, Democrats would no longer negotiate on the remaining issues, they would dictate the outcome.
The President’s words:
I won’t pretend that figuring out everything else will be easy
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