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?


Politics & Government Civic Participation Next



Comments

Popular posts from this blog

SOMEONE WITH COMPUTER KNOWLEDGE PLEASE HELP ME!?

Songs about wanting to forget someone?

What is the point of New Year's Day?