Wednesday, December 26, 2012
ReutersTV: Update: U.S. Day Ahead: It's Back to Scaling The Cliff
The most likely scenario I've seen so far is that Democrats and Republicans come together and reach agreement. On two things, the taxes where they would be extended for most of the country but where all of the Democrats. Would vote for it and a handful of non Tea Party Republicans would vote for it so the bill can pass. In both the House and Senate and then they reach an agreement on the spending cuts, where most of the Republicans. Would vote for it and only enough Democrats vote for it so it passes in the House and Senate and President Obama signs both bills.