House Republican and Democrat Positions on the "Fiscal Cliff"


AIR DATE: Friday, November 16, 2012
OVERVIEW:

House Budget Committee Ranking Member Chris Van Hollen (D-MD) and Chief Deputy Whip Peter Roskam (R-IL) explained their party’s position on the “fiscal cliff,” impending tax increases and budget cuts at the end of 2012 if Congress fails to reach a new budget agreement. They were interviewed separately.

 

KEYWORDS: Business & Commerce, Federal Budget, Fiscal Cliff, Spending Cuts, Taxes