Will we get a deal by January 1st?
Anyone who has spent five minutes in Washington knows you can’t produce sausage that fast. Three weeks to produce billions of dollars in budget cuts and tax increases? Come on. Get serious!
The “Fiscal Cliff” bill will be massive. Changes in the tax code are never simple. Cuts in the budget are changes in legislation. The page count will likely run in the thousands. Any chance that will get done in three weeks? Ha! Three months would be a stretch-and that assumes there is a deal.
So the most they will come up with in the next few days is a broad outline: A few big ticket items and a lot of unspecified taxes and spending cuts. And that will be called a deal. Next year will be the real food fight.
So what do you think? Will they get it done? In time?
Please vote in my poll in the left column or leave me a comment!