Reid is the leader of the Democrats in the Senate, one of the three main actors in this drama, along with Obama and Boehner.

  • Hopes Republicans can agree to tax rate increases
  • Democrats happy to deal with entitlements
  • Must get away from happy talk and start discussing specifics
  • Extremely hopeful; does not believe Republicans will allow US to go over fiscal cliff

If raising marginal tax rates is “happy talk” to Harry Reid than we are all doomed…