Congress is back to work after being off for Thanksgiving. The most urgent matter on their plate is the fiscal cliff. Both sides of the aisle are in talks to avoid painful across the board spending cuts and tax increases that are set to take effect in just 36 days.
Can Congress make a deal?
OutFront tonight: Mike Lee, Republican Tea Party Senator of Utah.
GOP resistance to anti-tax pledge grows
Is it a slow leak that will grow into a cascade, or a minor drip easily plugged?
More and more, conservative Republicans in Congress are breaking from a pledge they signed years earlier against any kind of tax increase or additional tax revenue.
Facing the so-called fiscal cliff at the end of the year when automatic tax hikes and deep across-the-board spending cuts will occur, the GOP legislators are signaling their willingness to cut a deal with President Barack Obama and Democrats that would include more money for the government.
The overall numbers remain relatively small - a handful of senators and House members - but they include influential veterans such as Sens. Saxby Chambliss of Georgia, Bob Corker of Tennessee and Lindsey Graham of South Carolina, along with Rep. Peter King of New York.