Fiscal cliff

Posted by Dominic Carter on December 1, 2012
Capitol Hill

If you’re like most Americans, you’re inundated with the obligations of day-to-day life. You have probably heard only in passing, the dire warning on your local TV newscast, "Washington gets closer to going over Fiscal Cliff." Sadly, such government paralysis has become routine, Washington is so polarized that less than a month after the Presidential Election, it seems elected officials are in the same situation of getting nothing done.

Have you noticed yet that just about every political decision from Washington these days comes down to the very end, scaring the American People about repercussions? Will unemployment benefits run out for those barely surviving? Are cuts to Medicare looming for seniors? Will you soon lose the Mortgage Interest deduction on your taxes?

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