End of the Drama... for now...

Yeah! There's a deal! I suffered through a lot of posturing on both sides of the political spectrum and declarations of despair from both parties about the other side. But now, there is a bill that is on its way to President Obama to stop all the madness. For two months. They now have two months to get the real work done. Will it get done? I hope so. The way I see it is that there needs to be an overbalance. If you take in $1 in taxes, you should only spend 99 cents of it. That way there is a savings account that builds up. Can you imagine the nest egg for disasters, like Hurricane Sandy, like earthquakes, like natural disasters that are sure to occur over the next 365 days? What if there was money already set aside only for those events?

Wow. I dream a lot.

Fiscal Cliff Catch-Up

Obama, Boehner close to agreement on 'fiscal cliff'
In pursuit of a compromise, President Obama has offered to slow the growth of Social Security benefits and lowered his demand for new taxes, according to a person familiar with the talks.
But Obama's counteroffer to House Speaker John A. Boehner (R-Ohio) seeks additional stimulus spending and a two-year extension of the federal debt limit, which Republicans have so far opposed.