Teetering on the Fiscal Cliff

February 12, 2013

Share Tweet Email

After every other effort to reach a deal on the debt ceiling failed, Senate minority leader Mitch McConnell reached a deal with Vice President Biden that raised the debt ceiling until after the 2012 election, creating the so-called “fiscal cliff.” But when President Obama retained the White House and the Republicans maintained their majority in the House, the gridlock remained.


Leave a Comment

Leave a Reply

Your email address will not be published.

This Page:

* Required Fields