Are we out of the fiscal cliff? Did the politicians agree?
technically, averted fiscal cliff.
however, in terms of long-term deficit reduction, congress has dealt tax-side of our finances. 85% of bush tax cuts have been extended lower 98% of americans, wealthy losing having increased rates. there has not yet been meaningful cuts in spending or entitlement reforms, major problem. congress debate these 2 topics crazy in february when u.s. needs raise debt ceiling. in essence, we've kicked can down road deal our problems later.
i have been hearing conflicting things?
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