Oil And Water: Budget Cuts And Election Years

Congress is ignoring that it has only nine months to head off sequestration and the economic “perfect storm” looming in December. Remember, it’s an election year, which probably means a lame-duck session in December will have to pass fiscal 2013 appropriations bills wrapped in a continuing resolution, raise the debt limit, and deal with the required $1.2 trillion in debt reduction over the next 10 years — or pass some tax proposal that would replace the Dec. 31 end of all the George W.

Topics:  remember   george w bush   read   dec   cuts   election   years   debt   pass   tax   
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