Stan Collender expects the fiscal cliff negotiations to go down to the wire:
Why is anyone surprised that no negotiating sessions on the fiscal cliff between the White House and Congress are scheduled this week? Why is anyone shocked that statements made about the cliff since Congress returned from the Thanksgiving recess seem to have gotten more strident rather than less? How is it possible that the two sides seem further apart now than they were a week or so ago?
The answer: It was both totally predictable and absolutely predicted. There will be no deal on the fiscal cliff before December 15 and from what I can see December 31 may be the better bet.