Discover the World News Forecast . . . FIRST in Foresight Journalism

WASHINGTON DC 3 Jan 2013 113th US Congress opens – unity pledges honored?
Many incumbents running for the United States Congress were punished for the legislative dysfunction that marked the first fo

January 3, 2013 - NULL

WASHINGTON DC 3 Jan 2013 113th US Congress opens - unity pledges honored?
Many incumbents running for the United States Congress were punished for the legislative dysfunction that marked the first four years of the Barak Obama presidency. A few lost their seat, many just squeaked through. The new Congress looks much the same as before, with Democrats in control of the presidency and Senate and Republicans in control of the House of Representatives, and legislators on both sides seem to have got the message. The leaders in both parties are pledging to "cross the aisle" to solve the country's most

WASHINGTON DC 3 Jan 2013 113th US Congress opens - unity pledges honored?
Many incumbents running for the United States Congress were punished for the legislative dysfunction that marked the first four years of the Barak Obama presidency. A few lost their seat, many just squeaked through. The new Congress looks much the same as before, with Democrats in control of the presidency and Senate and Republicans in control of the House of Representatives, and legislators on both sides seem to have got the message. The leaders in both parties are pledging to "cross the aisle" to solve the country's most pressing problems. If the 112th Congress ends without an agreement on averting the so-called fiscal cliff, the first order of business for the 113th Congress will be addressing the assumed calamity attached to the series of automatic budget cuts and tax cuts set to go into effect at the beginning of 2013.

CBS News notes that lawmakers might choose to set in place a temporary, short-term fix; or enact comprehensive reform that alters spending, entitlement programs and taxes; or do nothing.

The so-called fiscal cliff if there is no agreement by the end of 2012 deadline would drive the United States back into recession in 2013, according to a Congressional Budget Office report.

House Speaker John Boehner, a Republican, said the GOP might accept new government revenues -- through an overhaul of the tax code -- as part of a deal to reduce the federal debt. A top Democrat, Chuck Schumer, responded that he welcomed the statement. Boehner has since ruled out tax increases, so the negotiations might already be stalemated as Obama is adamant that the George W. Bush tax cuts for Americans earning more than $250,000 a year must end. (WRITTEN 8 Nov 2012)

RELATED READING:

Top Democrat: Boehner's "fiscal cliff" remarks "a good first step"(CBS News 8 Nov 2012)
http://www.cbsnews.com/8301-250_162-57547214/top-democrat-boehners-fiscal-cliff-remarks-a-good-first-step/

Obama, Boehner approach fiscal cliff (USA Today 8 Nov 2012)
http://www.usatoday.com/story/theoval/2012/11/08/obama-boehner-fiscal-cliff-white-house/1691309/

The New Congress: Nine Things to Know (Government Executive/National Journal 7 Nov 2012) http://www.govexec.com/oversight/2012/11/new-congress-nine-things-know/59330/?oref=dropdown

Date written/update: 2013-01-03