Obama Riding High, Wins Cliff Showdown

Howard Kurtz, The Daily Beast
President Obama clearly won the fiscal cliff skirmish on Tuesday as he faced down the Republicans, forcing them despite years of fervent promises to raise tax rates on the wealthy. But he also made concessions over New Year's weekend that could weaken his hand in future battles. Beating back a conservative revolt in his party, Speaker John Boehner brought to the House floor the compromise bill passed in a predawn session in the Senate. The bill passed late Tuesday night, with Nancy Pelosi's Democrats providing 172 votes, enough to offset substantial Republican defections….

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