January 1st, 2013
07:12 AM ET
10 years ago
3 more fiscal cliffs loom
New York (CNNMoney) - Think the fiscal cliff is causing uncertainty and holding back the economy? How about three more cliff-like deadlines over the next three months?
That's what's in store if Congress adopts the deal under consideration. The proposal at hand on Capitol Hill doesn't address the debt ceiling and temporarily puts off most of the automatic spending cuts otherwise set to take effect Wednesday.
FULL STORY
From CNN Politics
- America's kids are failed again
- 10 Cards Charging 0% Interest Until 2024
- New US drone routes over Black Sea 'definitely limit' intelligence gathering, says US official
- In 2024, Republicans may complete a historic foreign policy reversal
- Blinken subpoenaed by top Republican investigating Biden administration withdrawal from Afghanistan
- Inside the backchannel communications keeping Donald Trump in the loop on Republican investigations
its just about for them republicans an the white house leaders obama saids you all is not going to hurt the poor an middleclass people well well hes also saying if you all dont compromise with him the fiscal bill will pass anyway
What a joke our government is! They make it look like they agree on something for once but actually put off what's more important which is government spending cuts! Let's just keep going into more debt! I wish I could just keep printing more money for myself when I run out of it! Come on do you think the American people are blind? Our government should be forced by a world court to pay back what we owe! That would be eye opening! Why not file for bankruptcy protection! Lol
The debt ceiling is going to be a vicious battle.
What a bunch of criminals we've elected. The republicans, love to spend money on wars, and war machinery. All the time young people are being killed in the wars they love to fund. I guess it keeps their war based portfolios in the black. They've been so diligent in their quest to get a handle on domestic spending though. And you, the American listener of AM radio swallows it whole. God, what a joke the nation must appear to be to all other advanced countries.