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Actually doing nothing by Congress at this time is the lesser of the evils. Let the Bush tax cuts expire for everybody and let the sequestration take place. As far as the debt ceiling, NO WAY should Congress approve yet another increase. If the "Gubmint" has to close down, better yet, they can do less harm.
Negotiations can’t be going too well if the Senate Minority leader is openly scoffing at President Obama’s “bipartisan” plan to solve the looming “fiscal cliff” crisis. Yikes:
Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent...
If Obama can not take time out from his rhetoric campaigning that has divided this country which we will probably never heal from in our lifetimes -and negotiate this himself -he is not -does not care -and will not care if we go over HIS Fiscal Driven Cliff !!!