December 06, 2012


Going Over the Fiscal Cliff Without Falling

The AP offers "a procrastinator's guide" to pushing the deadline for the fiscal cliff, noting that the December 31 deadline "is more flexible than it sounds. Like all skilled procrastinators, from kids putting off homework to taxpayers who file late, Washington negotiators know they can finagle more time if they need it."

"That doesn't mean delay would be cost-free. Stock markets might tank if 2013 dawns without a deal. But Americans could be temporarily spared many of the other ill effects if Congress and President Barack Obama blow past their deadline."










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