“Inside the talks: Fiscal framework emerges”
Oh, goodie! That must mean Obama has given in and decided not to raise taxes at all — and that the Republicans held firm, letting Obama know that they’re happy to go over the fiscal cliff, getting rid of Bush’s tax cuts “for the rich” and taking us back to the Salad Days of the Clinton rates and all the Democrat mythology built up around it!
I mean, if we can’t count on Boehner to hold firm, who can we count on?
Prediction: Obama gets his tax hikes on “the rich” through “loophole closures” (read, an end to certain deductions, like mortgage deductions, etc.), Boehner gets to say he kept the tax rates the same, and the “cuts” in the rate of increased spending Boehner secured will not even take effect until a later date.
Like, sometime around never.
Kiss your kids, folks. And tell them you’re sorry and that you tried. What else is there to do?