Political Eye
By

Stephanie Condon /

CBS News/ December 5, 2012, 1:55 PM

Bill Clinton: Fiscal talks "just a Kabuki dance"

Talks between President Obama and congressional Republicans over the so-called "fiscal cliff" are seemingly stalled, but former President Bill Clinton on Tuesday didn't seem too concerned.

"It's just a Kabuki dance," Clinton said at an event in Sacramento, Calif., the Sacramento Bee reports. "They're sort of like two dogs that meet each other over a piece of meat. They're sniffing each other out. They are moving toward a deal. That's what's going on."

The "fiscal cliff" refers to a series of tax hikes and spending increases set to go into effect next year. The "cliff" would significantly shrink the deficit, but economists project it could send the economy back into a recession. While both Democrats and Republicans say they want to avert the "cliff" they disagree over the approach. Mr. Obama insists that Congress should let the Bush-era tax cuts expire for the wealthiest Americans. Republicans, meanwhile, object to any tax increases and are calling for changes to programs like Medicare.

Mr. Obama on Wednesday appealed to a group of powerful business leaders to support his agenda.

As the negotiations drag out, Mr. Clinton predicted the public will grow even more cynical of Washington. "The American people are going to be sick when they watch this," he said.

If Washington fails to reach a deal to avert the "cliff," a recent poll showed, most Americans would blame Republicans.

© 2012 CBS Interactive Inc. All Rights Reserved.
3 Comments Add a Comment
linkicon reporticon emailicon
fxr60 says:
Obama's agenda is to take us to a One World Country and join the Europeans as a Socialist/Communist world. He would love to see America brought to its knees. "2016 Obama's America" is a documented true film-now out on DVD. Everyone needs to see it. Also, look up Pravda Russian Newspaper online. Very interesting article on the election. Pravda a Russian online newspaper printed this: Obama Re-Elected by Illiterate Society. "Recently Obama has been elected by an illiterate society and he is ready to continue his lies of less taxes while he raises them. He is a Communists withour question promoting the Communist Manifesto withour calling it so. His cult of personality mesmerizes those who cannot go beyond their ignorance. They will continue to follow him like fools who still praise Lenin and Stalin in Russia. The latest example the councilwoman from MI saying "We voted for him and he owes us"-always with the hands out! Takers yelling "We got Obama cell phones-he gives us stuff" cought on tape and the Dems. tried to hide that report. Look up the article-VERY INTERESTING what other countries think of us now!!!!!
reply
linkicon reporticon emailicon
ohhhhboy says:
Lets go over the cliff. There is not that much worse that can happen. All the good paying jobs are gone, so what are we worried about paying income tax on. I'm going to have to quit my jobs if our governor doesn't stop raising the gasoline tax in my state (he is a republican idiot), i thought it was Democrats that were supposed to be tax happy. I fail to see how things can get much worse for working stiffs like me. Bring it on.
reply
linkicon reporticon emailicon
tsigili says:
Clinton is in a dream world. There is going to be no deal.
reply