Fiscal cliff deal by the end of they year. Maryland congressman Chris Van Hollen talked with our darren gersh, and began with an update on the status of the talks. Well, the good news is that the president and the speaker of the house are now in facetoface discussions. Its always better to be talking than not. The other development is that increasingly Congressional Republicans recognize that the position that they had staked out is unsustainable. One of the arguments we hear from some democrats is that the fiscal cliff isnt really a cliff, its more like a slope and you could gradually go down it and the withholding from tax wouldnt kick in for a while and the spending cuts wouldnt hurt the economy for a while. Do you think it is good idea to go over the deliver and it is more of a slope. No, i think would be a mistake to go over the fiscal cliff because it could set in motion lots of things that could be a drag on the economy. That being said, i think if its clear that the parties wer
Fiscal cliff deal by the end of they year. Maryland congressman Chris Van Hollen talked with our darren gersh, and began with an update on the status of the talks. Well, the good news is that the president and the speaker of the house are now in facetoface discussions. Its always better to be talking than not. The other development is that increasingly Congressional Republicans recognize that the position that they had staked out is unsustainable. One of the arguments we hear from some democrats is that the fiscal cliff isnt really a cliff, its more like a slope and you could gradually go down it and the withholding from tax wouldnt kick in for a while and the spending cuts wouldnt hurt the economy for a while. Do you think it is good idea to go over the deliver and it is more of a slope. No, i think would be a mistake to go over the fiscal cliff because it could set in motion lots of things that could be a drag on the economy. That being said, i think if its clear that the parties wer