Economy: Economic News, Policy & Analysis - The Washington Post: Do we actually need a fiscal cliff deal by Dec. 31?

Economy: Economic News, Policy & Analysis - The Washington Post
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Do we actually need a fiscal cliff deal by Dec. 31?
Oct 2nd 2012, 15:29

The outline of a fiscal cliff deal is coming into view in the Senate: A bipartisan group is considering a three-step plan that would approve a framework for an overhaul of the tax code, entitlements and other spending. It would be attached to a Bowles-Simpson-like trigger if Congress can't work out the details of the framework and an initial "downpayment" to help put off the sequester, as Jonathan Weisman reports.

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