By
Mattea Kramer
Posted:
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Budget Process,
Debt & Deficit,
Health Care,
Social Insurance, Earned Benefits, & Safety Net
Last week I wrote a post called Fiscal Cliff Definition, with a simple explanation of the much-hyped, so-called fiscal cliff. (I also suggested that we call it a "fiscal obstacle course" instead of a cliff, because that's a more appropriate metaphor.) The next important question is: What's going to happen?
By
Mattea Kramer
Posted:
|
Budget Process
With all the talk in the news media about the "fiscal cliff," it seems that one important thing has been left out: A simple definition of what is the fiscal cliff. So here it is.
By
Chris Hellman
Posted:
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Budget Process
With the end of the current fiscal year rapidly approaching, what many Washington watchers have long predicted appears to be true – Congress will not act on next year’s budget by the October 1 deadline.“But wait,” you’re saying, “October is a long way from now. How can you be sure?”