Who will blink first in Washington 's fiscal cliff debate ? Without a deal , everyone 's taxes go up next year . Failing to meet the year-end deadline on striking a deal would amount to `` the most colossal , consequential act of congressional irresponsibility in a long time , '' said Lieberman , an independent from Connecticut who caucuses with Democrats . The Republicans reject a tax plan already passed by Democrats . President Bush pushed his campaign stance on taxes .
Who will blink first in Washington 's fiscal cliff debate ? Without a deal , everyone 's taxes go up next year . The Republicans reject a tax plan already passed by Democrats . President Bush pushed his campaign stance on taxes .