A Fiscal Cliff Bungee-Jump
House Republicans have stalled every attempt to address our underfunded obligations.
After briefly slipping of the “fiscal cliff” earlier this week, you’d think Congress would be ready to come to terms with the fact that we have got to do something about our unfunded obligations on our debt. House Republicans, many of whom answer to gerrymandered districts, have stalled and hawed against every attempt by both moderate Republicans and Democrats to address our underfunded obligations. This weekend saw the House do the same 11th hour “deal” that solves nothing and sets the stage for an 11th hour deal on the debt ceiling. That will repeat the cycle of politicians being unwilling to address the serious issues facing our economy. The Bush tax cuts have been largely preserved for 98% of Americans. Tax holidays such as the Social…
