And now federal revenues will plunge off the cliff as only idiots raise taxes during an economic slowdown. There was no extra money out there for the taking and everyone will now concentrate on preserving what little they have. We will be at a 2 trillion a year deficit by year end. That will be the end of America.
I might suggest that people increase their deductibles.....starve the beast for as long as you can....
None of the Republicans down there known as “conservtives” like Paul Ryan or Pat Toomey envisioned a balanced budget until ten years down the road.
That’s political trickery when we need a quick balancing of the budget before we hit the Greek-style abyss.
We are moving tonight towards the real fiscal cliff and it won’t be funny when we go over it, whenever that will be.