Senate Democratic Agenda
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was part of the Budget Control Act of 2011.
Senate Majority Leader Harry Reid (D-NV) spoke to reporters following weekly party lunches.*He talked about the “fiscal cliff,” and said tha… read more
Senate Majority Leader Harry Reid (D-NV) spoke to reporters following weekly party lunches.*He talked about the “fiscal cliff,” and said that any deal to avert the fiscal cliff would have to include increasing the debt ceiling.*
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was part of the Budget Control Act of 2011. close
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Majority Leader Harry Reid (D-NV) spoke to reporters following the weekly meeting of the Senate Democratic Caucus.