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December 27, 2012


One Last Shot at a Deal

"With historic tax increases set to hit virtually every American in five days, President Obama and members of the Senate are headed back to Washington on Thursday to take one last shot at a deal to protect taxpayers and the gathering economic recovery," the Washington Post reports.

"If anything, hope for success appeared to have dimmed over the Christmas holiday. The Republican-controlled House last week abdicated responsibility for resolving the crisis, leaving all eyes on the Senate. But senior aides in both parties said Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) have not met or even spoken since leaving town for the weekend."

Mark Halperin: "At this point, even if Mitch McConnell wants to lead a last-second deal, it might not be possible. But his backing is certainly a necessary condition."














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