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Quiet Talks Continue on Fiscal Cliff

Douglas Graham/CQ Roll Call
Boehner met with the president over the weekend to continue discussions on the fiscal cliff. Details of the ongoing negotiations are fuzzy but the key players are talking.

“There is a growing group of folks that are looking at this and realizing that we don’t have a lot of cards as it relates to the tax issue before year-end,” Corker told “Fox News Sunday.” “A lot of people are putting forth a theory, and I actually think it has merit, where you go ahead and give the president the 2 percent increase that he is talking about, the rate increase on the top 2 percent. And all of a sudden, the shift goes back to entitlements ... and maybe it puts us in a place where we actually can do something that really saves the nation.”

Corker has previously talked about his own flexibility on tax increases.

For his part, Carney on Monday reiterated, “There is no deal without acknowledgment and acceptance of the fact that rates are going up on top earners.”

Republicans have come to the table with an $800 billion offer on revenue, the same as in the summer of 2011, which Carney said is “far, far short of the necessary revenue for a comprehensive deal that achieves $4 trillion in deficit reduction.”

While Carney talked to reporters, Obama took his case to the public.

“I’m willing to compromise a little bit,” Obama said at an event in Michigan. “But if we’re serious about reducing our deficit, we’ve also got to be serious about investing in the things that help us grow and make the middle class strong, like education, and research and development, and making sure kids can go to college, and rebuilding our roads and our infrastructure. We’ve got to do that.”

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