The bottom line on the fiscal cliff negotiations on Capitol Hill is that things seem far from resolved. , the last we heard is that White House congressional liaison Rob Nabors went to Capitol Hill to tell lawmakers that President Obama is not budging.
If Congress does not come to an agreement, the country is facing steep spending cuts and tax hikes that economist warn could send the economy back into recession.
"In a meeting with leadership staff, Nabors reiterated the administration's hard line that tax rates on top earners must go up, according to Republican sources with knowledge of the meeting," . "The White House is also insisting that Congress give it power to raise the debt limit on its own."
House Speaker John Boehner is scheduled for a press conference later this morning and Vice President Joe Biden will continue to publicize the president's proposal who will be hit by higher taxes if Congress doesn't come to an agreement.
With that, here are three useful stories about the fiscal cliff:
-- " " ( The Hill)
-- " " ( The New York Times)
-- (HuffPost Politics)
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