With Democrats scared that they're going to lose the Senate in the November 2014 elections, they've been very hesitant to actually legislate. Doing so would require some of their members to actually take a position on some important issues, and in response to that, they're just grinding everything to a halt.
In typical Washington fashion, hyperbole regarding the challenges coming for the lame-duck Congress is heating up, while actual solutions remain slim. Talk of averting the $50 billion defense sequester coming on January of 2013 and replacing the cuts with tax hikes stand to upend the gains taxpayers have made this year as we edge closer to the “Fiscal Cliff.”
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