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.