So what’s the fiscal sticking point?
The list from Illinois Senator Dick Durbin, the second-ranking Democrat, begs the question: what’s NOT the sticking point?
Here is Durbin’s list of unresolved issues: the income threshold at which tax rates would rise, expiring estate tax levels and how to prevent an expansion of the alternative-minimum tax. Durbin also said there is a debate over raising the rate for capital gains and dividends from 15 percent to 20 percent.
There is just over a day left before more than $600 billion in tax increases and spending cuts are set to go in effect. Senators have spent the weekend passing offers back and forth to try and avert the so-called fiscal cliff.
As of now, the issues that divide them still look deep.