The first time around the Republican's got shamed into raising taxes.....while the spending cuts, weren't really spending cuts.
This time around, it may be too late. Obama isn't going to negotiate with the Republicans, I think that's safe to say based on his past record and recent comments.
"President Obama warned in his address that allowing the sequester to hit would be disastrous, and called for a "balanced" deal reducing the deficit with both new revenue and spending cuts."
Will we go over the cliff? What's going to happen? The answers may not be pretty....not at all.
"Republicans in Congress gave Mr. Obama a tax increase on 77 percent of Americans just a few weeks ago. They must stick to their guns on cutting spending without tax increases, whether in a new deal or by allowing sequestration to hit. They must also resist those in their ranks who threaten to go soft over slashing defense dollars. It's time to face the music. We can't afford not to. [U.S. News & World Report]"
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