The one single reason why we are going over the fiscal cliff ... politicians are in charge of the issue!
A bigger reason than that, the tax cuts were passed in 2003 using budget reconcilation which puts an automatic expiration date on them.
1) They couldnt get 60 in the senate to pass it so they took the shortcut above
2) it was not CBO scored as deficit neutral, if it was neutral then it wouldnt expire
The fiscal cliff at the end of the year is just a speed bump compared to the real fiscal cliff that is looming.
Wrong,Obama is a sociopath,rich this rich that,the guy is a mental case with nuclear weapons at his disposal and we are the elementary school
Socialists are in charge of this issue.
"Everything about socialism is sham and affectation. 23.11 Ch23 Evil; Economic Harmonies; Frederic Bastiat
"Socialism Is Legal Plunder" - The Law; Frederic Bastiat
BIG GOVERNMENT IS CRONY SOCIALISM