Cliff Notes

9:40 a.m. E.T.

It is still hard to see how something that Harry Reid would champion through the Senate could get the backing of a majority of House Republicans. The emerging deal (if there is one) simply won’t sufficiently address spending for most GOP members. Also, leaving the debt ceiling unaddressed seems to be a ticking political time bomb that could make this round of negotiations seem like beanbag with weeks. Finally, the amount of blame gaming and finger-pointing going on on the Sunday shows already suggests negative momentum for statespersonship and compromise for the common good. Unhappy old politics ushering in a happy new year.

Related Topics: John Boehner, Barack Obama, Harry Reid, Mitch McConnell, Mark Halperin, Fiscal Cliff, The Page, Sunday Shows

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