Both Boehner and McConnell have conceded to one of Obama's biggest demands in the talks, but neither Republican leader's proposal would raise enough tax revenue to satisfy Democrats.
That's what Dick Durbin says, and it's the latest sign from Congressional Democrats that the proposal is a no-go in the fiscal cliff talks.
The White House says it's willing to overhaul corporate taxes as part of a fiscal cliff deal. But that's unlikely to make reaching a deal any easier.
The new signs of continued recovery could make it harder for both Republicans and Democrats to get the tax cuts that they want.
Mitch McConnell tries, then fails, to embarrass Democrats over the debt ceiling.
Tom Coburn has become the latest Republican who says that he'd be willing to raise tax rates. That suggests Democrats may be gaining ground on the tax front. But at what price?
House Speaker John Boehner's proposal has raised conservative Republicans' ire and prompted a key Democrat to admit that some controversial entitlement cuts are on the table. In these negotiations, that's a step forward.