President Obama and Speaker John Boehner (R-Ohio) have resumed private negotiations to avert the fiscal cliff, after a week of delivering highly publicized opening bids for a budget deal. "Lines of communication are open," Michael Steel, a spokesman for Boehner, tells The Wall Street Journal. The two sides ostensibly remain far apart, with Obama unwilling to withdraw his demand that the deal include a tax hike for the wealthy. Boehner, for his part, has demanded far more spending cuts than Obama.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- China's leader is telling the People's Liberation Army to prepare for war
- How I lost all my money
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- The best books we read in 2014
- 43 TV shows to watch in 2014
- The religious right isn't retreating — it's reforming
- How academia's liberal bias is killing social science
- How to save money: 12 great personal finance tips
- Why Pakistan won't hunt down the terrorists within its borders
- How to be the most productive person in your office — and still get home by 5:30 p.m.
Subscribe to the Week