Juggling Dynamite

Both sides have given up ground in the “Fiscal Cliff” negotiations in Washington, but the surprise tactic of the Republicans to put forth a “Plan B” has suddenly thrown the whole deal into doubt.

Republican House Speaker John Boehner essentially stormed out of the negotiations a couple of days ago and put forth his own bill, which he refers to as “Plan B.” This bill extends the Bush tax cuts for all Americans except those making $1 million or more.

Greg Valliere, the Chief Political Strategist at Potomac Research Group, says the Republican ploy is the “worst case scenario” for the negotiations. Here is a direct link.

The Piano Guys in New York City. See a direct link here.

Many are skeptical that the economy can improve at such a rapid clip and are questioning what his assumptions are based upon. John Mauldin of Mauldin Economics and author of The End Game, is also skeptical and joins The Daily Ticker’s Aaron Task in the accompanying interview. Here is a direct link.