Election did not change fiscal cliff outlook

posted by
November 14, 2012
Our Future
by Stan Collender  
Posted in Commentary, PND Commentary

"Last week’s election results did not change my opinion that we’re more likely to go over the fiscal cliff than to avoid it. Yes, I heard the less defiant tone Speaker John A. Boehner, R-Ohio, has used to talk about the cliff. Yes, I heard the president use the word 'revenues' instead of 'taxes.' And, yes, I read the conclusions from many of the same pundits who were so wrong on the elections saying that the new tone and the use of revenues instead of taxes indicates that a deal is just around the corner. But the fundamentals of the fiscal cliff situation haven’t changed that much since before the elections." (11/14/12)


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