GOP Split on Next Moves on Fiscal Cliff
Senate and House Republicans are headed in different directions on addressing the fiscal cliff.
Some GOP senators want to strike a quick deal this year, while House conservatives prefer holding out for major structural changes to the tax code and entitlements that would be enacted in 2013.
Sen. Bob Corker (R-Tenn.), who has drafted legislation to deal with the fiscal cliff, noted that the White House and Congress have been debating taxes and entitlement reform for the last couple of years.