Never mind the cliff. Talk about much ado about nothing…
And for any of you out there who actually found themselvessurprised by this short-sighted, one-sided solution, you simplyhaven't been paying attention. And don't be surprised again in acouple of months when we end up right back here. Or as onecongressman put it, all they managed to do was break down a singlefiscal cliff into a trio of smaller ones – never mind that despitethe deal, all they managed to do is essentially tax all of us more(via the payroll tax holiday expiration) while adding another $4trillion to the budget deficit, according to the CongressionalBudget Office.
It is an excellent case study in federal backsliding as aneveryday way of doing business: yet another Medicare doc fix whenthe administration touted that reimbursement cut as a way of makingPPACA budget-neutral.
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