Monday, December 10, 2012

Backstabbing 101: The Ally that Wasn't

Dec. 10, 2012
Politico

Fiscal cliff: John Boehner, Barack Obama meet

Obama has said any deal must include tax hikes for the rich, with Boehner opposes. | AP Photo
Speaker John Boehner met with President Barack Obama on Sunday to work to resolve the fiscal cliff. It was their first face-to-face meeting in 23 days.

Both the White House and Boehner’s office declined to describe the meeting, putting out identical statements that said, “This afternoon, the President and Speaker Boehner met at the White House to discuss efforts to resolve the fiscal cliff. We’re not reading out details of the conversation, but the lines of communication remain open.”

Before the meeting, top aides said there was little progress made over the weekend. But the meeting between Boehner and Obama signals a new stage in the process to resolve tax hikes and spending reductions that take hold at the beginning of 2013.

The lines are clear: Obama says a deal will not get done unless tax rates increase on top earners. Boehner says he’s opposed to tax rate increases on anyone.

But in recent days, the options seem to have narrowed for Republicans. Democrats have held firm on rate increases, while a few Republicans have slowly peeled away. For example, Sen. Bob Corker (R-Tenn.) on Sunday indicated he would let taxes rise on top earners.

“There’s a growing body of folks who are willing to look at the rate on the top 2 percent,” Corker said on “Fox News Sunday.” “The shift in focus in entitlements is where we need to go. … Republicans know they have the debt ceiling that’s coming up around the corner and the leverage is going to shift as soon as we get beyond this issue — the leverage is going to shift to our side.”

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