AFL-CIO is reporting while we grow more closer to the Fiscal Cliff. That's the time the government decides which programs to open and close to generate more money is on the table. It's a back and forth right now in Washington. Republicans argue for strong entitlement reform instead of raising taxes on 2 percent of the people in the United States (AKA The Richest) They want to cut into Medicaid, Medcare which are federally funded programs for poor, old and disabled. SS(Social Security) who all Americans pay into.
They provide services such as picking a person up for a doctors apt on a bus. They cover doctor bills and RX meds. While Democrats want to to increase taxes to what they were before Bush Era Tax cuts and close loop holes and tax holes. The Republicans strongly go against raising taxes. In fact right now the senate passed a bill months ago that would allowed 98 percent of America to keep the Bush Era Tax Cuts. BUT
It would expire for the 2 percent leading them to pay more income tax. At the end of the month of the year. In 32 days following posting of this thread. A solution HAS to be made. Both people have put something on the table or everyone goes off the cliff. Pretend for a moment(If you're not American) you are. Imagine that you're in one of these meetings. Which way would you vote?
What would you put on the table or ask?
It's important because it virtually will affect every person in America. Do we slash programs for the poor and needy at expense generating more money for richest Americans or do we shut off programs for them in favor of generate more money.
Article from AFL-CIO about the situation.
Information on "Fiscal Cliff" and why it's important to reach a deal.
Mini Update. Obama spoke to the American people about the Fiscal Cliff pleading with them to help. You can find the full details here.