With the end of the session near, Congress still has a long “to-do” list that includes possible extensions of the payroll tax break, the Bush-era tax cuts and unemployment benefits.
As Senate Majority Leader Harry Reid threatens to keep his chamber in session, and the House schedule remains uncertain, will Congress simply push all its problems into the next year? What are the potential economic implications of last-minute work on these issues, or of pushing them down the road? On Wednesday, December 14 expert Adam Looney took your questions in a live web chat moderated by Vivyan Tran of POLITICO.
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[On the possibility of ongoing secret negotiations between the U.S. and North Korea] I am always wondering if my chain is being yanked. It could also mean Kim is trying to undermine Moon, who positions himself as a broker between the U.S. and North Korea. These two potential explanations are not mutually exclusive.