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- #21
I just finished a Ned Davis overview of the 2013 fiscal cliff. Tax increases and spending cuts will detract ~2.4% of GDP next year. So it is likely something will get done.
By something getting done you mean COmgress and the President will rescind the tax increases? I dont think so. If they can get elected then there is no reason to do so. The only chance will be Obamacare, all of it, getting tossed by the Supreme Court in June.