Daily Political Wire

George Wenschhof

"Framework" Expected on "Fiscal Cliff" - Congressional leaders and staff are expected to announce agreement on a down payment on the debt with some cuts and revenue increases. The "framework" will also act as a bridge to more substantative cuts and revenue increases to be determined over the next year.  Sound familiar?  You can read more here.

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Republicans Break With Norquist No-Tax Pledge - Yesterday, on the Sunday morning "talking heads" Senator Linsey Graham (R-S.C.), Representative Peter King (D-NY) and Senator Saxby Chambliss (R-Ga.) all made statements saying they will not be bound by their Grover Norquist pledges to oppose any and all tax increases.  You can read more here.

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Growth Stunted if Middle Class Tax Breaks End - the White House announced Middle Class spending next year would be reduced by $200 Billion if the average $2,000 tax cuts they are receiving come to an end.  You can read more here.

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Senate Republicans Balk at Filibuster Reform - following four years of senate Republicans enacting the filibuster a record setting number of times as they obstructed President Obama's agenda, Democrats are considering revising filibuster rules.  You can read more here.

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Court To Rule on Morsi Power Grab in Egypt - the move by Egyptian President Mohamed Morsi to give himself more power has been challenged by lawyers and activists whhich will be heard by an administrative court on December 4.  You can read more here.

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Israel Defense Minister To Step Down - Ehuid Barak announced he would not run for a member of Parliament and would step down as Defense Minister after the parliamentarty elections are held in January.  You can read more here.

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