Nynco, you need to re-think your "Obama is giving them practically all they want" comment. The GOP is negotiating on the tax hikes...by all reports they are willing to give into tax hikes but want to keep them to less than $1 trillion. However, the White House is NOT giving into the GOP's desire to cut spending. In fact, they added increased spending to the proposal and want to have unlimited ability to raise the borrowing limits without congressional approval. The White House says they will cut spending, but won't guarantee anything and want to push spending cut talks talks until next year. In other words, the GOP should just take their word for it. We all know how trustworthy a politician's word is.

I'll even use a New York Times article as a reference so you can't argue that it is right-wing biased.
WASHINGTON — Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal on Thursday to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, $50 billion in immediate stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, met strong Republican resistance. In exchange for locking in the $1.6 trillion in added revenues, President Obama embraced the goal of finding $400 billion in savings from Medicare and other social programs to be worked out next year, with no guarantees.He did propose some upfront cuts in programs like farm price supports, but did not specify an amount or any details. And senior Republican aides familiar with the offer said those initial spending cuts might be outweighed by spending increases, including at least $50 billion in infrastructure spending, mortgage relief, an extension of unemployment insurance and a deferral of automatic cuts to physician reimbursements under Medicare.
http://www.nytimes.com/2012/11/30/us...h-impasse.html