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Fiscal Cliff Grand Larceny: Democrats Panic

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Published on Dec 27, 2012

"On Fox News Sunday, Sen. Kent Conrad (D-N.D.), the outgoing chairman of the Senate Budget Committee, made a proposal to solve the "fiscal cliff." The proposal isn't going anywhere, but its specifics explain something important about the White House's negotiating strategy.

"My own belief," Conrad said, "is what we ought to do is take Speaker Boehner's last offer, the president's last offer, split the difference, and that would be a package of about $2.6 trillion."*

Senate Democrats and Independents are panicking over the fiscal cliff. Why? Aren't they going to fight the Republicans over a deal? As Cenk Uygur explains, even Democrats and Independents are out to serve their corporate donors

*Read more from Ezra Klein/ Washington Post:
http://www.washingtonpost.com/blogs/w...

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