November 22, 2014

US Congress Braces for an Ugly Year of Fiscal Trench Warfare

January 3, 2012
Market News International

Excerpt

 

Bob Bixby, executive director of the Concord Coalition, said the "fundamental dilemma" that lawmakers will face this year is the competing desires to secure some policy accomplishments versus making sharp distinctions with the other party as the November presidential and congressional elections approach.

"I suspect we will have a contentious year in which very little will get done on the fiscal front. We'll have all the problems we had last year which will get further complicated by the overlay of presidential and congressional elections," Bixby said.