I do not understand the “cliff” very well. Is it a one year deal? As I understand it the Bush tax cuts expire, the AMT rolls out in full force and there automatic spending cuts.
My questions are how long does it all last? What happens the next year and the following years?
How deep are the cuts in real terms not budget terms?
I may be willing to jump if it takes a big permanent bite out of spending.
The situation is this. We can continue to borrow and crash. We are gonna crash, just a matter of when. Or we can give it to the dems, the media, and their voters. They will raise the debt, raise taxes, and it all goes BOOM. It is so far down the road, BOOM is only a matter of time. We (Conservatives) have taken the blame for all the ills. Let the other side crash it. Why do we have to take the blame? They can’t blame it on us if our Conservative Representatives vote Present. Also shows America where the Conservatives are.