Our elected officials have not done their job, which is to come up with a budget for our country. The result is that we have a fiscal crisis because they have failed to work together and accomplish the task the Constitution mandates.
Congress under both Bush and Obama could not agree on anything, so they set up temporary solutions to budget problems. Those solutions are about to expire. That means “we the people” will suffer for their failure to come up with a budget, which is their duty under the Constitution.
The bottom line is that Congress has failed us. That includes Republicans and Democrats in both the House and the Senate. Now the problem they created is about to hit, big time. Continue reading
Filed under: Economy, Financial, Politics | Tagged: budget, congress, fiscal cliff, fiscal crisis, house, president, senate | Leave a comment »
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