In the November 19, 2012 post Waiting for the Fiscal Cliff and Sequestration to Happen, I wrote, "It's inevitable that the Fiscal Cliff and Sequestration will happen. This will allow both the Republicans and Democrats can claim success when negotiating a solution." With only 3-4 more working days in 2012, it doesn't look like Congress will be able to pass a solution that President Obama will sign.
So it's over the fiscal cliff we go. Just as I predicted...
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial, tax or policy advice. Please consult a professional advisor.
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