Nancy Pelosi, of all people, got it right Thursday morning. In an interview broadcast on National Public Radio, the liberal House Minority Leader agreed that spending cuts and entitlement reforms are necessary.
Barack Obama said it himself in his first post-election press conference. Speaking at the White House on November 14, Obama said conversations with families, workers and small business owners along the campaign trail had left him convinced that average Americans deserved more from Washington.
With rising Democratic opposition to cuts in social spending and Republican leaders reiterating their opposition to raising taxes on the wealthy, talks on avoiding the fiscal cliff were at a standstill Thursday.