Going Over the Cliff
As we inch closer to the edge of the fiscal cliff, democrats and republicans in Northeast Wisconsin feel on edge.Photo: Video by nbc26.com
As we inch closer to the edge of the cliff, both republicans and democrats in Northeast Wisconsin are feeling on edge.
While some countdown the seconds to 2013, others watch them tick to the fiscal cliff deadline.
"It's basically kind of frustrating and ridiculous we're sitting here on New Year's Eve," Republican Congressman Tom Petri told us over the phone.
Petri is hopeful both sides will reach a deal. He tells us Vice President Joe Biden joined talks Monday in the senate.
"Reaching out to someone who's been involved in the process, but not with a lot of the scars with the battles over the last year or two, at least to the extent we have," Petri said.
Brown County democrat Bob Kiefert believes congress should stay focused on the people not politics.
"The president has really gone half way. Even now at the last minute, he's negotiating how much the cap would be on tax increase," Kiefert said.
Political analyst Michael Kraft says the decision is now in the hands of republicans, since it may be easier for them to vote for tax cuts rather than increases.
"If we can solve a good portion of the problem that means the economy can continue to grow. That means peoples' retirements won't go up, and we won't see job losses again," Kraft said.
Kraft tells us if both sides can't reach a deal by midnight Tuesday, it's not the end of the world since it's a holiday. But they have to vote before new congress members start on Thursday.