Ambinder reports:

Democrats are already playing down the notion that they'll get much done in a lame duck session.  They'd rather punt to January particularly the big issues, like tax cuts.  Don't Ask, Don't Tell?  Don't even bother.  On taxes, the outline of a compromise is there, having been floated by Vice President Biden: the rates might stay in place for a larger number of wealthier Americans. The Estate Tax, which jumps up to 55% in January, will probably be restored at a lower rate. Capital gains taxes will also be higher, but not as high as they're slated to be.  Supporters of the START treaty are very worried.

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