Congress returns to face ‘fiscal cliff’ (audio)

One week after Election Day, members of Congress return to Washington Tuesday focused on an urgent need to avoid the so-called ‘fiscal cliff.’

The Congressional Budget Office has said failure to reach an agreement  would push the economy back into recession and drive the nation’s unemployment rate to 9.1 percent next year.

North Carolina Congressman David Price says it’s time both sides compromise, agreeing to cut the deficit and raise revenue.

He acknowledges the public is tired of the constant gridlock in Washington:

“The American people have really repudiated the politics of shutdown and brinksmanship,” said Price in his recent appearance on News and Views.

To hear a portion of Price’s radio interview with Chris Fitzsimon, click below. To hear the full interview or download a podcast, visit the radio interview section of the NC Policy Watch website.

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4 Comments

  1. Frank Burns

    November 13, 2012 at 8:26 am

    I’m tired of Congress not doing their job. Where is the federal budget for the past 3 years? I think it would help if Congress shows that it can cut spending before it dares to ask for additional revenue. We have a spending problem that is out of control. What is frustrating is that Congress always seems to make the problem worse. You have to address the root cause before you come up with some grand solution that ends up taxing the public more at a time when the economy is struggling. Do economists consider that a good idea?

  2. david esmay

    November 13, 2012 at 8:52 am

    Cut defense, end tax holiday, problem solved. We have a revenue problem from repeated tax cuts and welfare programs aimed at the wealthiest Americans. If Repugs don’t want to deal, go over the cliff, the GOP reps in congress no longer have the ability to black mail the country in order to score political points and they know it. The election and changing demographics have shown them that it’s over for their party and their ideology.

  3. James

    November 13, 2012 at 10:14 am

    Choose the cliff.

  4. Frank Burns

    November 14, 2012 at 8:34 am

    You may be on to something, James. I don’t think Congress is capable of addressing the problem. Let’s go on over the cliff.