Sen. Charles Schumer (D-N.Y.) said he’s optimistic a deal can be struck on the fiscal cliff because Republicans, “chastened” by the election, will be ready to compromise on taxes.
“Boehner wants to compromise; that’s why he gave that speech,” Schumer told MSNBC’s "Morning Joe" on Friday. “He’s not a hard-right guy, he’s a mainstream conservative … and I think it’s going to help, because the hard right is chastened in a lot of ways.
“You know, democracy works in its slow, grinding ways. All these Tea Party guys … didn’t campaign on the same platform they campaigned on in 2010 … so I think they’re going to be less hard-nosed,” he said.
Read more on The Hill's On the Money blog.