The Fiscal Cliff was a problem that Americans faced at the end of 2012. We expected to see solutions, but when the time came to discuss solutions, there was a lot of pushed back dates and putting off discussions for other days instead of actual solutions. March is the month that most of the deadlines were pushed to and March is almost here, creating speculation about events to come regarding the economy. The article I read is titled Calendar of Fiscal Crazy: Congress and the Budget, from CNNMoney by Jeanne Sahadi on February 8th. The Article discusses the different things that were set for March and the possible solutions to the Fiscal Cliff that were never made final such as budget cuts and the economic plans from the President, House, and Senate.
The automatic spending cuts, or “sequester”, will cut how much the federal agencies are allowed to spend by $85 million over seven months. This could cause the economic growth to slow and could also cause over 1 million workers to lose their jobs. The spending cuts would most likely come from defense programs with entitlement programs being protected, which was all in Obama’s original plan as President.
The article discusses the different proposals from the President, House, and the Senate. Sahadi says in her article, “If history is any guide, lawmakers won’t take up most of his ideas. But his proposal is supposed to tee-up the budget debate.” From what I have learned about the government in class and the process in which bills are passed, it is not shocking that most of the President’s ideas will not be passed. The process for creating solutions and passing new laws is long and has many different steps. This article shows how difficult it is for the President to play a large role and perform the presidential duty as Chief of State and also Chief Legislator. The amount of work that goes into making something a policy or law makes it hard for the President and members of Congress and the Senate to have a real impact on Americans. There are high expectations for the President and the things he needs to do. He is expected to have a large impact on the rest of government and be able to fix problems, but he can’t do that effectively and with the ferocity that most people expect because all he can really do is suggest ideas with his plan, not actually make them valid until a majority of Congress and Senate also approves.
These regulations make it hard for Congress to act immediately. The article states that Congress has a deadline of March 27th to do something before federal funding “shuts down”. It is so difficult for Congress to make final decisions with a majority that they are giving them a deadline to make something happen. This forces people to choose a solution even if they think there could be a better one, such as the “sequester”. It is the best of a bad situation.
People of America expect the President to be the leader of the country and create different ways to pull America out of our economic problems. The problem is that we cannot expect the President to be able to pull us out of the Fiscal Cliff if we also expect to keep our American system of checks and balances. The article seems exasperated about the lack of progress that has been made by different politicians, but the author needs to remember all of the difficult steps that are necessary to make a suggestion or plan a reality.