On Sunday, most people danced around that hot potato.
“There is a way of getting there on the revenue side,” Sen. Corker said. “The real question is: can we come to terms on the entitlement side?"
On revenues, a combination of options could include something to do with those Bush-era tax cuts, reforming the tax code, and limiting deductions.
Speaking to reporters Friday, Rep. Boehner said, “I don’t want to box myself in, and I don’t want to box anyone else in.”
So who has the upper hand?
President Obama won reelection and Democrats increased their majority in the Senate as Republicans kept their House majority (although some tea party Republican freshmen failed to win reelection).
One of Speaker Boehner’s challenges has been herding tea party types in his caucus toward some sort of bargain with the White House. That challenge remains, but the landscape and mood is different now.
President Obama has danced back and forth on taxes and revenues too.