Politics & Government
Poll: Will Congress Get Its Act Together and Avoid the βFiscal Cliffβ?
Lawmakers have Dec. 31 deadline to prevent start of automatic tax hikes and budget cuts.
Experts may debate whether itβs a βfiscal cliffβ or gentle slope, but everyone in Banning and Beaumont probably agrees that dealing with the deficit and expiration of Bush-era tax cuts is a must.
(See Wall Street Journal video explainer.) Congress has a history of kicking the can down the road and avoiding hard choices, so who knows whether budget cures will be made before the self-imposed deadline of Dec. 31, 2012? Maybe theyβll just change the deadline. Whatβs your guess on the outcome? Whoβs to blame for foot-dragging?
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