May 28, 2017

‘Fiscal Cliff’ Debt Truce Nears Its End With No Solution in Sight

May 5, 2013
The Washington Times


Robert Bixby, executive director of the Concord Coalition, a nonpartisan deficit watchdog group, said he predicts some sort of deal, though nothing like the “grand bargain” both sides were flirting with in 2011.

“I think both sides want to avoid the ugliness of the summer of 2011,” he said, predicting “a mini-deal that might tweak sequestration and raise the debt limit.”

“I wouldn’t expect a big debt limit increase or much change in sequestration, but enough to save face on both areas. In other words, more of the same,” he said.