Looks to me like Moody's is trying to set US Budget policy.
"If Congress and the White House don't reach a budget deal, about $1.2 trillion in spending cuts and tax increases will automatically kick in starting Jan. 2, a scenario that's been dubbed the "fiscal cliff," because it is likely to send the economy back into recession and drive up unemployment.
WE are taxed enough, time to cut the fat and waste!
Last edited by Franco; 09-11-2012 at 09:54 PM.
I am tired of letting Republicans and Tea Party supporters co-opt the term "conservative". Republicans are not conservatives... they are radical fundamentalists and we should be referring to them as such....Libertarian blogger