Lawmakers say they're optimistic that the fiscal negotiations will yield a workable solution to the nation's deficit problems, but neither side has yet shown willingness to give ground on tax and entitlement reform. Republicans in particular have little incentive to strike a quick compromise deal, notes David Frum. "The president will never again be stronger than he is this month. The later into his presidency this deal is done, the better deal Republicans will get," he writes.

Full Story:
The Daily Beast, CNN

Related Summaries