1. FISCAL CLIFF

    Obama, Boehner Stuck on Specifics

    REDFORD, MI  - DECEMBER 10:  U.S. President Barack Obama speaks about the economy at the Daimler Detroit Diesel engine plant December 10, 2012 in Redford, Michigan. The President and Congress have not yet come to an agreement regarding how to extend the Bush-era tax cuts, which expire at the end of this year (the so-called "fiscal cliff"). Republicans in Congress want the tax cuts to continue to apply to all tax payers, whereas the President wants them to apply only to tax payers who earn less than $250,000 a year.  (Photo by Bill Pugliano/Getty Images)

    Bill Pugliano

    Isn’t it about time these two learn to speak the same language? Aides to President Obama and House Speaker John Boehner say the stalemate over the fiscal cliff hinges on specifics. Obama wants Boehner and Republicans to be more precise about higher taxes on wealthy Americans, and Boehner wants more details from Obama on spending cuts. Looking for support from Michigan autoworkers Monday, Obama told them he’s “willing to compromise a little bit” but won’t give an inch on higher tax rates for the wealthiest 2 percent of Americans. Some Republican senators have said they would consider supporting higher tax rates if they come with significant spending cuts to Medicare and Medicaid.

     

    Read it at USA Today