Can this lame-duck Congress redeem itself and deal with the looming fiscal cliff?
The roles haven't changed: the Republicans still control the House, the Democrats the Senate, and President Obama was reelected to a second term. But perhaps, hopefully, the election sent a message to our elected officials that it's time to reach across the aisle and find bipartisan solutions to the nation's financial challenges.
In that spirit, today I sent the following email to my New Hampshire delegation, Speaker Boehner, Senator McConnell, and Senator Reid:
As you return to Congress following the 2012 election, I urge you to take the necessary steps to avoid the fiscal cliff, reduce the debt, and ensure the long-term viability of Social Security and Medicare.
To accomplish this challenge, I believe spending must be reduced – defense included – and tax revenue increased. The latter should include increased tax rates, on the most financially fortunate Americans, and reductions in tax deductions.
No sacred cows or rigid ideologies. Please leave your political affiliation at the door and approach this vital work as an honest broker.