You’ve probably heard the news: The “fiscal cliff” has been averted, the scheduled tax increases avoided and bipartisanship revived. The American people have been saved from economic calamity. But behind the smoke and mirrors of the fiscal cliff deal is this reality: Congress merely maintained the vast majority of a dysfunctional system. Almost no one who voted for the bill liked it, but that didn’t stop nearly two-thirds of Congress from saying it was “good enough.”
But in fact, the fiscal cliff deal failed to improve on our broken status quo, and what little it did change, it made worse.
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