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The 2012 Lame Duck Session is Here

JasonCharleston Wrote: Nov 12, 2012 12:18 PM
If Washingtonians can't pay their bills does that really hurt us as much as it hurts them. Have them go financiall y bankrupt as much as they are morally bankrupt. Yes, interest rates will rise. But anymore than they will? I don't think so.

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...