Sanders, Welch: Congress unlikely to avoid ‘fiscal cliff’ (Burlington Free Press)
November 13, 2012
By Sam Hemingway
Two members of Vermont’s congressional delegation signaled Monday that Congress is unlikely to find a solution to the nation’s $16 trillion deficit in time to avoid the Dec. 31 “fiscal cliff” deadline.
Instead, Sen. Bernie Sanders, I-Vt., and Rep. Peter Welch, D-Vt., said in separate news conferences in Burlington that a resolution might have to wait until a new, slightly more Democratic House and Senate is sworn at the start of 2013. Both Sanders and Welch won re-election last week.
“Obviously, I would prefer to not go over the fiscal cliff,” Sanders said. “I hope we can reach an agreement now, but if we can’t, we will reach it in the first few months of the next session.”
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Tags: Deficit Reduction, Fiscal Cliff, Medicare, Social Security