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Merry Christmas!
RichardP:
... going over the fiscal cliff with a parachute.
That was just a phrase I read. Meant that Congress would sign a bill, but it would be sometime in the New Year, after we had gone "over the cliff". So - over the cliff, but temporarily. And so it seems to have worked out that way. The bill that was passed also put off the 27% Medicare cut to physicians for a year.
http://www.medpagetoday.com/PublicHealthPolicy/Medicare/36666
Bush tax cuts expired, even if only briefly. So now, they are the Obama tax cuts. That will make for an interesting footnote in the history books.
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