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As the recent tax compromise has shown, negotiations between the parties offer the potential for gains.
The backlash from Congressional Democrats and the blogosphere against President Obama's tax compromise is misplaced.
The lame duck session has failed so far to deal with its central task, a budget and tax compromise.
He said the Obama administration's $858 billion tax compromise with Congressional Republicans in December complicated the macroeconomic picture.
While I am fond of President Clinton, his appearance was a "me too" appearance just to endorse the tax compromise.
That would leave lower spending levels in place for the fiscal year 2011 and force Mr. Obama and Republicans to try to reach a tax compromise next year.
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A11 Tax Credit Compromise Offered Senate Republicans offered a compromise to the House intended to end the stalemate blocking an expansion of the child tax credit to low-income families.
The Nationals MP Andrew Broad said he would support a 15% tax rate compromise just to get the bill passed this year.
When Obama first tried his hand at playing nice with congressional Republicans with the tax cut compromise, his displeasure at dealing with the GOP was obvious.
Administration officials say Mr. Sperling's chances for the job were all but sealed last month, when he played a lead role in the tax cuts compromise that Mr. Obama reached with Republicans in Congress's lame-duck session.
The Fed's monetary easing was intended to keep borrowing costs low and spurring growth, but that has run headlong into the tax cut compromise, which could increase borrowing costs for the government.
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