Live Breaking News & Updates on Operating majority

Election or get something done? neither party has a functional majority. if the deficit problem will be solved they both have to come together and n and negotiate. the president appointed a commission and wants to do it. call his bluff and take him up on it. if neither side has operating majority, nothing of importance will get done. the only issue there will be is on the bush tax cuts. it s very easy to see a compromise in which you get the republicans and the democrats to agree, to extend indefinitely the cuts for 98% and for say a couple of years for those in the upper bracket. that will happen. i think for obama it s important. he will have to win a reelection and have a strong economy. if the cut expire and have a huge increase in taxes, dividend and capital gains and ....

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