In response to:

Lock Congress Up Until They Deal

kvr929rr Wrote: Dec 28, 2012 4:32 PM
We need to abandon the idea that congress has unlimited power to tax. Have the public set limits on taxation not congress. Then do a conservative revenue projection and have them build a budget that stays within those limits. To hasten the budgeting process, give them five days to come up with one that stays within revenue limits. On the morning of the fifth day start to suck the air out of the room they are locked in until they come up with a budget that stays within those limits.

Stocks staged a late day rally because the Senate is prepared to kick the can down the road, avoiding any chance of fiscal sanity this year or next.

Whether or not the House will go along is another matter, but unfortunately Speaker Boehner calls House back to Washington on Sunday

The House of Representatives will reconvene on Sunday evening, just less than 30 hours before the United States reaches the fiscal cliff.

House Speaker John Boehner, R-Ohio,...