Christine Lagarde Is Pretty Worried About This Fiscal Cliff
IMF head Christine Lagarde thinks this fiscal cliff thing is a pretty big deal; Tom Coburn thinks the Republicans should just give up already and let tax rates go up for the rich.
Now that the sequester has settled in, we've learned that Republicans do not feel much urgency to protect defense spending. After President Obama's dinner diplomacy failed to produce a grand bargain, it doesn't look like they were after party invitations. And, now, we're learning that Republicans aren't all that enthusiastic about entitlement reform, either.
IMF head Christine Lagarde thinks this fiscal cliff thing is a pretty big deal; Tom Coburn thinks the Republicans should just give up already and let tax rates go up for the rich.
Even though we don't know what's going on behind closed doors in the fiscal cliff negotiations — or on the phone lines (they talked!) — we can measure progress on the fight in a couple clear ways.
Treasury Secretary Timothy Geithner appeared on all five of the Sunday talk shows to give his thoughts on the current state of the fiscal cliff negotiations.
Overhauling Medicare is now tied to political defeat
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