McConnell… President Wants It His Way

{Louisville, Kentucky}…At the Kentucky Farm Bureau’s convention in Louisville Friday, Senate Minority Leader Mitch McConnell suggested President Barack Obama seems willing to take the country over the “fiscal cliff.” Republican leaders say they will agree to measures that would bring in more revenue, but they say it should be done by closing loopholes or reducing tax breaks rather than raising tax rates for the wealthy. President Obama contends their plan wouldn’t adequately rein in budget deficits. McConnell says President Obama is bound and determined to get his way, and, the way the law is constructed, it’s sort of stacked in his favor because Bush-era tax cuts for everyone are set to expire on January 1st, with automatic, across-the-board spending cuts set to kick in the next day.