Why President Obama took the fiscal cliff deal

January 4, 2013   // 0 Comments

by Perry Bacon Jr. Some liberals were disappointed with the agreement President Obama accepted to avoid the fiscal cliff, which included dropping his pledge to raise taxes on all income above $250,000 and not including a provision to raise the debt ceiling, giving the GOP a chance to start another fiscal crisis in less than ten weeks. But the actual details of this agreement were almost entirely ...

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