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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Obama Calls Lawmakers to the White House

December 27, 2012 · 10:29 pm ET · Leave a Comment

Congressional leaders will head to the White House on Friday to meet with President Obama in what Politico says “may be the final chance to restart negotiations just a few days before the nation plunges over the fiscal cliff.”

New York Times: “Lawmakers and aides from both parties cautioned that the burst of activity could be more about making sure the other side gets the blame than any real search for a resolution before the Jan. 1 deadline.”

Wall Street Journal: “It is still possible the two sides can reach a deal, especially with the leaders meeting Friday. Any resolution would be a scaled-back version of the package Mr. Obama and congressional leaders had anticipated passing after the November election… The 11th-hour strategy carries enormous risk because it leaves no margin for error in Congress’s balky legislative machinery.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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