Compromise in Congress

News
Monday, November 26, 2012 - 7:46am

After months of Congressional deadlock, there are signs that a compromise on the budget may be in the works.

Back from their turkey dinners- lawmakers say they're refreshed, and even willing to compromise.

They face a December 31st deadline to avoid the so-called fiscal cliff.

Without a compromise by then, tax increases and spending cuts could affect every American.

One of the biggest signs of a compromise is that some Republicans are now saying they will violate that pledge they took not raise taxes for the good of the country

For months, efforts to avoid more than half a trillion dollars in tax increases and 100 billion dollars in spending cuts have failed.

Republicans have been unwilling to raise taxes and Democrats have been refusing to cut Social Security and Medicare.

Now all of that may have changed.

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