Login or Register
Welcome , Settings |  Logout

Lieberman Fears Country May Go Over 'Fiscal Cliff'

Sunday, 23 Dec 2012 10:49 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Sen. Joe Lieberman says he feels "it's more likely than not" that the country will go over the "fiscal cliff" now that House anti-tax rebels rejected Speaker John Boehner's plan because it would raise rates on million-dollar earners.

Lieberman says going over the cliff "will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in American history."

The Connecticut independent tells CNN's "State of the Union" that taxes will go up for most everyone, programs will be cut and the country probably will return to recession.

Lieberman says Senate Majority Leader Harry Reid and GOP leader Mitch McConnell "have the ability to put this together again and pass something" although it won't be the "grand bargain" to solve all issues over the long term.


© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Oklahoma Schools Destroyed by Storm Didn’t Have Safe Rooms

Tuesday, 21 May 2013 22:26 PM

In Moore, Oklahoma, an area residents call Tornado Alley because it s struck by more ferocious twisters than anywhere in . . .

Woman Who Asked IRS's Lois Lerner Scandal Breaking Question a Plant

Tuesday, 21 May 2013 18:03 PM

The woman who asked the planted question that publicly revealed the IRS targeting of conservative groups says Lois Lerne . . .

Oklahoma Senators Embrace Disaster Aid After Opposing Sandy Relief Bill

Tuesday, 21 May 2013 17:47 PM

Amid expressions of horror, grief, and resolve over the devastating tornado that smashed into suburban Oklahoma City, ma . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved