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Congress Leaves Work for the Day

Bear Trax Wrote: Dec 29, 2012 8:50 PM
If the interest rates sicken you, just ponder that these foreign countries got the money to lend from the US federal reserve bank at 0 to 1/4% APR. Obama and Bernanke are trying to support the rest of the world on the backs of the american tax payers.

With the end of the day coming on Capitol Hill, there is still no new plan of action for dealing with the looming fiscal cliff. Senate leaders worked off stage today, but there will be no new proposals or votes until Sunday.

Senate Majority Leader, Harry Reid adjourned work until tomorrow in order to allow time for Democratic and Republican leaders to negotiate a deal to present to the House tomorrow. House members officially return to work tomorrow in the hopes that they will have a new plan to work on. Taxes are set to increase on Tuesday and...