The Fiscal Cliff, the Sequester, and the Continuing Resolutions now are behind us. The next Episode in the Continuing Saga is looming: the Debt Ceiling. President Obama has put down his table ante, as described by the Washington Post headline, “Obama budget would cut entitlements in exchange for tax increases.” In plain English Team Obama is offering the Republicans a suicide pact euphemized as a “grand bargain on the debt.” Instead of a suicide pact America needs Congress to tackle the Growth Gap. …read more
Source: FULL ARTICLE at Forbes Latest