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Congress actually does their job and passes the fiscal cliff deal, but that doesn’t mean it’s a win

By Jos | Published: January 2, 2013

TweetLate last night the House of Representatives passed the Senate’s final version of the deal to avert the so-called fiscal cliff. Incredibly, we’ve reached the point where getting House Republicans to actually do their damn job almost looks like a victory. After behaving like petulant, tea partying children to keep the legislation from passing just [...]

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Chart of the Day: Poor elderly women to get screwed in fiscal cliff deal

By Maya | Published: December 19, 2012

Tweet After several offers and counteroffers, Congress and the President may be close to reaching a fiscal cliff deal. Part of that agreement involves cutting Social Security benefits by switching to calculating them based on chained CPI. According to Brad DeLong, “‘Chained-CPI’ is code for ‘let’s really impoverish some women in their 90s!’” Since women tend to [...]