Today’s early morning highlights from the major news organizations, including news about the continuing partisan back and forth regarding “fiscal cliff” negotiations as well as reports on the health law’s implementation.
The New York Times: GOP Balks At White House Plan On Fiscal Crisis
The proposal, loaded with Democratic priorities and short on detailed spending cuts, met strong Republican resistance. In exchange for locking in the $1.6 trillion in added revenues, President Obama embraced the goal of finding $400 billion in savings from Medicare and other social programs to be worked out next year, with no guarantees (Weisman, 11/29).
Los Angeles Times: Obama And Boehner Seem To Hit Wall As ‘Fiscal Cliff’ Looms
As Obama prepares to take his proposal on the road Friday, Democrats are increasingly buoyed, believing they hold a stronger hand. “Look, we don’t expect the Republicans to be enthusiastic and start cheerleading about a deal that includes higher rates on the wealthiest Americans,” said New York’s Sen. Charles E. Schumer, the No. 3 Democrat. “But they see the handwriting on the wall.” … Republicans are increasingly frustrated that Democrats have declined to outline specific cuts to Medicare, Medicaid and other government programs in exchange for Boehner’s willingness to consider new revenue sources (Mascaro and Parsons, 11/29).
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