Saturday, December 29, 2012

Optimism Rises On 11th Hour Fiscal Cliff Deal

President Obama and Senate leaders were on the verge of an agreement Friday that would let taxes rise on the wealthiest households while protecting the vast majority of Americans from historic tax hikes set to hit in January.

The development marked a breakthrough after weeks of paralysis. After meeting with Obama at the White House, Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) said they would work through the weekend in hopes of drafting a “fiscal cliff” package they could present to their colleagues on Sunday afternoon.
Read the rest here.

Let's all play another round of kick the can!


Unknown said...

Slapping a teeny tiny bandage on a bloody mess.
Yep. Kicking the can is appropriate terminology. Why is our gubment so incompetent?

off2 said...

But did I not read that our congress recently recently voted themselves a raise? And Obama signed it.

Anastasia Theodoridis said...

There's always money for expensive things like war, and never for far less expensive things like Social Security.

mjl said...

Hell, if this deal would fix Veterans Affairs, I'd consider it a bonus.