WASHINGTON — A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession.
CBO: Jumping off ‘fiscal cliff’ with simultaneous tax hikes, spending cuts means recession - The Washington Post
Better think long and hard about it. I thing the Dem's will lose the senate and house and will let them expire so they can give president Romney a bad economy.The good thing will be President Romney can spend the next 4 years blaming obama