[Lancey Howard]

Going over the cliff would have reduced the debt obligations. It would have raised taxes on everybody too.

Guess what? We are STILL scheduled to "go over the cliff" in two months, at least as far as the "cuts" go. All yesterday's bill did was delay the cuts for two months. The tax part of the equation is settled - - the lower Bush tax rates are now permanent for most people.

[Tenacious 1]

Guess what? We are STILL scheduled to "go over the cliff" in two months, at least as far as the "cuts" go. All yesterday's bill did was delay the cuts for two months. The tax part of the equation is settled - - the lower Bush tax rates are now permanent for most people.

I suppose you are right. We just set everything up for another chance to cave in February. And they will. There will be some token cut planned for the future that will save a few billion dollars. Then they'll vote to raise the debt limit again.