April 29, 2017

Failure of US Deficit Panel Makes Progress Before '12 Unlikely

November 21, 2011
Market News International


"My sense is that fiscal policy is now going to shift into full campaign mode," says Bob Bixby, executive director of the Concord Coalition.

"I don't see much happening between now and the 2012 elections. It seems likely that Congress has to do something on a few immediate items: extending the payroll tax cut and unemployment insurance benefits. These will probably happen in late December," Bixby said.