Grab Your Parachute
From the Dec. 31, 2012 issue of FrontPage Magazine: Grab Your Parachute By Matthew Vadum Thanks largely to President Obama’s intransigence, America is poised to fall over the potentially treacherous “fiscal cliff” tomorrow. Top policymakers in Washington appear no closer to reaching a deal than before they left town for the Christmas break. The outgoing 112th Congress is meeting in a high-stakes lame duck session to decide whether Bush-era tax rates should be extended and if $1.2 trillion in scheduled spending cuts –falling largely on the Pentagon– will be avoided. If current tax rates are not renewed, the already fragile … Continue reading Grab Your Parachute
