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The 2012 Lame Duck Session is Here

indy2012 Wrote: Nov 12, 2012 11:09 AM
i figure the loss is something to learn from...the people have showed what they want and don't want so now its time to adapt...give into somethings while getting others.....

It's been nearly a week since Barack Obama was re-elected president and today the 2012 lame duck session officially begins as the fiscal cliff looms.

—The expiration of Bush-era tax cuts on income, investments, married couples and families with children and inheritances.

—A $55 billion, 9 percent cut to the Pentagon next year and another $55 billion in cuts to domestic programs, including a 2 percent cut to Medicare providers.

—The expiration of unemployment benefits for the long-term jobless and a sharp cut in reimbursements for doctors participating...