President Barack Obama and leaders of the lame-duck Congress may be
just weeks away from shaking hands on a deal to avert the dreaded
"fiscal cliff." So it's natural to wonder: If they announce a bipartisan
package promising to curb mushrooming federal deficits, will it be
real?
Both sides have struck cooperative tones since Obama's re-election. Even so, he and House Speaker John Boehner, R-Ohio, the GOP's pivotal bargainer, have spent most of the past two years in an acrid political climate in which both sides have fought stubbornly to protect their constituencies.
Obama and top lawmakers could produce an agreement that takes a serious bite out of the government's growing $16 trillion pile of debt and puts it on a true downward trajectory.
Read more: http://townhall.com/news/politics-elections/2012/11/24/fiscal_cliff_how_to_judge_if_debt_cuts_are_real
Both sides have struck cooperative tones since Obama's re-election. Even so, he and House Speaker John Boehner, R-Ohio, the GOP's pivotal bargainer, have spent most of the past two years in an acrid political climate in which both sides have fought stubbornly to protect their constituencies.
Obama and top lawmakers could produce an agreement that takes a serious bite out of the government's growing $16 trillion pile of debt and puts it on a true downward trajectory.
Read more: http://townhall.com/news/politics-elections/2012/11/24/fiscal_cliff_how_to_judge_if_debt_cuts_are_real
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