Tuesday, November 27, 2012

Handicap the Race to the Cliff

I came across this piece in Barron's and thought that it was a very good briefing on what to watch for in the fiscal cliff debate.  Columnist JIM MCTAGUE, details out the following 5 points to watch during this high drama debate.

  1. The only Democrat involved in the negotiations with the GOP congressional leadership who matters is President Barack Obama
  2. Closely monitor the words and behavior of the president to ascertain if he is truly engaged in the discussions
  3. Pay close attention to House Speaker John Boehner. He is in a stronger position within his party than he was prior to the presidential election because voters clearly sent a message that they want elected officials to compromise on major issues, not engage in endless gridlock.
  4. Watch Senate Rep. Mitch McConnell, the Senate minority leader and a fiscal conservative from Kentucky
  5. Keep an eye on the Tea Party and party darlings like Wisconsin Rep. Paul Ryan and Virginia Rep. Eric Cantor
Full article here

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