MOOD MUSIC II: DEMS THREATEN TO LEAP OFF CLIFF - WP’s Lori Montgomery: “Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest ... Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise.
“In a speech Monday, Sen. Patty Murray (Wash.) ... plans to make the clearest case yet for going over ... the ‘fiscal cliff.’ ‘If we can’t get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013,’ Murray plans to say”
Democrats threaten to go over ‘fiscal cliff’ if GOP fails to raise taxes - The Washington Post
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