“Republicans have maneuvered all year to avoid a fiscal cliff in 2015. Now it looks like they’re going to get a Denali-sized one,” Politico reports.
“With the nation’s borrowing authority set to lapse as early as November, and money to keep the federal government and road construction projects funded increasingly likely to run dry around the same time, the end of 2015 increasingly has the makings of a very unhappy holiday season for Washington. Indeed, the ongoing inertia of Congress could produce a year-end scramble on those big-ticket items, as well as the looming expiration of billions in tax breaks.”
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