At midnight, not only did the ball drop in Times Square, ushering in a New Year, but Congress dropped the ball on delivering the country meaningful deficit reduction.
America is poised to fall over the “fiscal cliff” at midnight as the House of Representatives will not hold a vote on the deal currently being negotiated by Congress, CBS News is reporting.
If Congress manages to pass a feeble, last minute, deal on taxes it will be a deal that is long overdue. All of this could have been avoided.
Time’s ticking away for lawmakers in Washington to get something done to avert the fiscal cliff.
Few people have any idea just how many thousands each of us will pay in extra taxes.
More than a month after the election, things continue to get worse for the GOP brand. The lead Republican spokesperson during the fiscal cliff negotiations, House Speaker John Boehner, has a 34 percent approval rating. President Obama has a 54 percent approval rating.
The president would do much better by staying in Washington, D.C. where the action is rather than taking a road tour-styled trip to talk to the American people. In D.C., he actually would be talking to the people who are going to make the decision with him.
Republicans built a trap for themselves, having for years passed bills with highly unpopular cuts and little public notice. Now Republicans will take the blame if we go over the fiscal cliff.
With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.
Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.
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