Optimism About Avoiding Fiscal Cliff
Revenue and spending cuts are both on the table.
“We have the cornerstones of being able to figure something out,” Senate Majority Leader Harry Reid told reporters at the White House after the meeting, which each lawmaker called “constructive.”
In a positive change from the contentious debt-ceiling negotiations 15 months ago, all four leaders addressed reporters together, taking turns by party at the microphones.
“While we’re going to continue to have revenue on the table, it is going to be incumbent for my colleagues to show the American people that we’re serious about cutting spending and solving our fiscal dilemma,” Speaker of the House John Boehner said.