Think the fiscal cliff caused an awful lot of uncertainty and held back the economy? How about three more cliff-like deadlines over the next three months?
That's what's in store. The bill approved by the House late Tuesday doesn't address the debt ceiling and temporarily puts off most of the automatic spending cuts otherwise scheduled to take effect Wednesday.
Here is what's still ahead:
1. Debt Ceiling: Congress has to raise the debt ceiling soon. Real soon.
On Monday, Treasury Secretary Tim Geithner made it official: Federal borrowing has reached the $16.394 trillion debt ceiling.
The Treasury Department, which runs t
3 more fiscal cliffs loom
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Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!
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