"Fiscal Cliff" Clock Ticks, Political Battle Rages

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By Leigh Ann Caldwell / CBS News

Story Created: Dec 3, 2012 at 8:57 AM AKDT

Story Updated: Dec 3, 2012 at 8:57 AM AKDT

"[T]hese are really big issues we're trying to nail down here," Zandi said. "It would be hard for me to believe that we could come to kumbaya over these issues.

"[I]f we nail this down - and... I think we will - we're going to be off and running."

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Old Timer said on Monday, Dec 3 at 11:51 AM

I say lets go over the cliff. It's past time to go with a flat tax and let all start paying. Do away with the mortgage deductions, child deductions and perhaps people will stop having kids they can't afford and expecting the rest of us to pay for them. I raised my kids without all these handouts from the Government, now I see people just sitting with their hands out expecting us tp pay for everything, free medical, free dental, free lunches, food stamps, the list just goes on and on. Leave Social Security alone, we paid into it and should get our money back, these "kids" now just expect to get our money without contributing anything. Enough already.

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