The “fiscal cliff” deal, reached this week in Washington, D.C., may have quieted debate for the moment. But looking forward, it could be a prelude of the battle to come, according to lawmakers and analysts across the state.
The controversial compromise, finalized Tuesday after weeks of debate, helped the nation avoid the so-called fiscal cliff, holding off a series of automatic spending cuts and tax hikes threatening American taxpayers and businesses.
But in its wake, the deal left a series of unanswered questions by merely postponing the sequestration cuts threatening the military and other domestic programs and failing to address the rising national debt and federal spending issues, which will return over the coming months, analysts and lawmakers said this week.
“This is an accomplishment. ... It’s a step forward, but it’s just part of a discussion we need to have about the larger issues,” outgoing U.S.![]()
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