Congress returned to Washington this week to begin work on efforts to avoid the so-called fiscal cliff. The fiscal cliff refers to the arbitrary, dramatic budget cuts combined with stifling tax increases on nearly every American that is slated to take place on January 1, 2013. Independent experts have warned of the devastating effects to our economy if we were to go over the fiscal cliff. I am hopeful that a bipartisan agreement can be reached that avoids the cliff and sets us on a path to tackling our deficits by responsibly cutting spending and raising more revenue through pro-growth tax reform. Any agreement must lead the way to larger reforms that create an environment in which we can grow our economy and put people back to work.
This is certainly not a time to point fingers or resort to partisan politics. This is an incredibly serious time in our nation and every effort must be made to reach a bipartisan agreement. You may be interested to read the Philadelphia Inquirer article, "Lawmakers return to Washington with a hint of compromise in the air" (11/14) which includes further comments from myself, as well as some of my colleagues, about the prospects for avoiding the fiscal cliff.
Below are just a few highlights from the past two weeks. To learn more about what I have been working on, please visit my website, my Facebook page, and follow me on Twitter.