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Happy New Year: U.S. to Go Over Fiscal Cliff

Quintus_T_Cicero Wrote: Dec 31, 2012 11:10 PM
And you actually believe Obumphuck is going to cut spending? My God you're gullible.

It’s official. The United States will go over the cliff tonight—at least for a little while.  The House announced they will not hold a late-night vote even if legislation cleared the Senate. Although it’s not confirmed, some sources are pointing to Obama’s ‘attitude and criticism of Congress’ during the press conference/pep rally he held this afternoon as reason for the adjournment. 

Earlier today, Sen. McConnell said that he reached an agreement with Vice President Biden on the tax portion of the deal, which calls for individuals making $400,000 and families making $450,000 to see their rates rise to...