Fiscal cliff talks continue to consume Washington as approaching deadline raises worries: Fiscal rebalancing as Obama offers smaller tax boost to rich folks

Obama demands Republicans compromise on fiscal cliff

AFP
US President Barack Obama said Wednesday he and Republicans had narrowed differences over how to avoid the “fiscal cliff” to “a few hundred billion dollars,” and urged his adversaries to compromise on a year-end deal. “At some point there’s got to be… a recognition on the part of my Republican friends.

Will John Boehner, President Obama master art of humility before ‘fiscal cliff’?

The Christian Science Monitor

John Boehner and President Obama continue their tussle over tax increases and spending cuts that would be part of budget deal to avoid the fiscal cliff. Neither Democrats nor Republicans are eager to concede ground, lose face, or give up what their parties stand for.