Jansing & Co. , 11/25/12, 7:00 PM ET

Rep. Yarmuth: Maybe wait 'til next year on fiscal cliff

Congressman John Yarmuth, D-Ky., told MSNBC’s Chris Jansing that "people are dreaming if they think that we are going to make a deal on entitlements in three...

‘Fiscal cliff’ negotiations just got more complicated

Updated
By Aparna Zalani

Back to work on the Monday after Thanksgiving, the fiscal cliff is still on the minds of many.

Since the election, a few Republicans have come out against the Grover Norquist anti-tax pledge that bind signatories to oppose any and all tax increases. They’re saying they’re willing to break the promise for the good of the country.

Then there are a few Democrats, the so-called “cliff jumpers” who are willing to go off the cliff in order to make sure raising taxes on the wealthy is part of a deal. Congressman John Yarmuth, D-Ky, told msnbc’s Chris Jansing, “I think people are dreaming if they think that we are going to make a deal on entitlements in three weeks. I mean that is just not gonna happen.”

Congressman Yarmuth said that he agrees with Rep. Peter Defazio, D-Or, who told Politico, no deal is better than a bad deal.

“We probably are better off in that respect, if they’re not willing to compromise just on the tax side before the end of the year,” he said. ” Then we are probably better off waiting until the next year with a different Congress and more time to actually deal with more comprehensive approach.”

'Fiscal cliff' negotiations just got more complicated

Updated