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Johanns: Get It Done Before "Fiscal Cliff" Deadlines
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Nebraska senator Mike Johanns says the year-end deadline should be enough motivation for Congress to act.

America might well be counting on a lame-duck Congress to keep the economy from falling off the "fiscal cliff".

President Obama says he'll extend tax cuts only if they stay in effect for folks earning at least $250,000 a year. Nebraska Senator Mike Johanns views that as public posturing.

"At the end of the day," says Johanns, "if he's saying 'look... I'll be very happy if we can't reach an agreement, to just simply go home and call it good,' it has a punishing effect on really everybody."

But the Nebraska senator suspects a deal will be reached.  "From what I've heard... people are willing, because of what we've faced at the end of the year, to try to come up with solutions."

Johanns says the year-end deadline should be enough motivation for Congress to act.