As most Americans are in the Christmas preparation rush and President Obama is set to rush off to a 20 day $4 million holiday in Christmas Vacation in Hawaii, it does not seem that the calamitous effects if the Lame Duck Congress is unable to craft a compromise budget are widely understood. So here are some fiscal cliff notes:
President Obama offered an idea to allegedly avoid the sequestration crisis:
Senate Minority Leader Mitch McConnell (R-KY) found this proposal laughable.
READ MORE at the DCBarroco.com blog