As the time goes by until the Fiscal Cliff deadline, Congress still can’t make a decision for the sake of the United States as a country. This is pure comic relief. Well, at this point I would say we don’t have a decision at all and once again it will be time to delay the decision and kick the can down the road.
Stock Market News – Congress Still Can’t Make A Fiscal Decision..
Unbias Stock Market News -
President Obama will meet with Congressional leaders on Friday, and House Republicans summoned lawmakers back for a Sunday session, in a last-ditch effort to avert a fiscal crisis brought on by automatic tax increases and spending cuts scheduled to hit next week.
Republicans expressed a flicker of hope Thursday that a deal could still be reached to at least avert most of the tax increases on Jan. 1, to prevent a sudden cut in payments to medical providers treating Medicare patients and to extend expiring unemployment benefits. But both parties’ leaders said time is running out.
“Here we are, five days from the New Year, and we might finally start talking,” said Senator Mitch McConnell of Kentucky, the Senate Republican leader.The overriding emotion Thursday, as senators convened for a rare session between Christmas and New Year’s Day, appeared to be embarrassment. The continuing impasse “demonstrates a tremendous lack of courage here in Washington to address the issues that need to be addressed — at every level,” said Senator Bob Corker, Republican of Tennessee.
Read full article here
www.stockmarketrealtalk.com
stock market news, stock market investing, stock trading
