Some things appear to be stirring in the negotiations over the fiscal cliff. The White House has announced that the president will address the nation at 1:30ET. Meanwhile, the administration has delivered their pre-deal spin to Greg Sargent (who dutifully reported it, albeit with some skepticism). Meanwhile, Brian Beutler tweets that Sens. Bernie Sanders, Jeff Merkley, Al Franken, Jay Rockefeller and Tom Harkin have entered Harry Reid’s chambers. That would indicate that last-minute liberal arm-twisting is needed to get this deal done.
Some elements of a possible deal are leaking, including the $400,000/$450,000 tax level, an extension of unemployment benefits, no rise in the estate tax, and no stimulus, and no cuts.
Meanwhile, White House reporters on MSNBC are saying that Obama will not be announcing a deal.
