We need balance to avoid the 'fiscal cliff'
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Remember, Obama doesn’t want his second term to be marred by another recession and to have to deal with another gridlocked Congress. Then it would be his legacy falling off the cliff.
Al D’Amato, a former U.S. senator from New York, is the founder of Park Strategies LLC, a public policy and business development firm. Comments about this column? ADAmato@liherald.com.
KeywordsAlfonse D'Amato, fiscal crisis, fiscal cliff, President Obama, House Speaker John Boehner, stalemate, tax increases, spending cuts, Bush tax cuts, Congress, deficit, economy, recession, tax rates, wealthy, capping deductions, tax revenue, entitlement programs, entitlement spending, Medicare, Medicaid, Social Security, Obamacare, Senate Minority Leader Mitch McConnell, cost-of-living increases, Grover Norquist, Americans for Tax Reform, Long Island Congressman Peter King