Editorial Standards

Latest News Today maintains rigorous editorial standards. Our team verifies information from trusted sources and provides context to help readers understand complex stories.

Last Updated: Sunday, May 17, 2026 at 04:33 PM
Category: News

Editor's Note

Latest News Today provides comprehensive coverage and analysis of breaking news stories. This article is part of our ongoing coverage of going over cliff most likely option probably flna1C7707657, bringing you verified information from trusted sources with added context and expert perspective.

Why This Matters: Understanding the full context of this story helps readers make informed decisions and stay updated on developments that impact our community.

Is going over the cliff the most likely option? Probably

Earlier this morning, we wrote that -- after last night's House GOP failure to pass "Plan B" -- the White House and Congress essentially have three remaining options:

1. The White House and the Senate (both Majority Leader Harry Reid and Minority Leader Mitch McConnell) work on a quick fix -- like raising rates on income above $250,000 -- that they can force through the House.

2. President Obama still tries to strike a grand bargain, now holding more leverage.

3. We go over the cliff.

Going over the cliff -- which NBC's Mike Viqueira dubbed "the inertia option -- looks like the most likely option. In fact, here's what Viqueira wrote earlier this month: