Thread: Fiscal cliff...
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Old 01-02-2013   #44
JET
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Re: Fiscal cliff...

Well, not a horrible resolution to the fiscal cliff. Social security gets some much needed help and taxes will go up slightly. I honestly was ok with taxes going up a bit more, but it is a step in the right direction.

Next up is the debt ceiling which will come to a head in 2 months. This looks to be good leverage for the republicans so look to see some major spending cuts. They certainly don't appear to be working together, but they are getting us closer to where we need to be. We have to increase taxes and lower spending to stop the deficit. It is already at a ridiculous amount and we have to do everything we can to slow down the spending and eventually start gaining ground and paying it back.
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