The Most Comprehensive Account Of How Fiscal Cliff Talks Crumbled This Week

The Wall Street Journal's Patrick O'Connor and Peter Nicholas are out today with a detailed breakdown of how negotiations to avert the year-end fiscal cliff broke down this week. The Journal's account paints a picture of President Barack Obama and House Speaker John Boehner being fairly close to a comprehensive deal last weekend. That's when Boehner conceded for the first time on income tax rate increases and a lift on the debt ceiling, and Obama blinked on entitlements by being open to a ...