All three members of Vermont’s congressional delegation may be ready to allow the
so called "payroll tax holiday" to expire at the end of the year. That would boost tax burdens for middle
income families.
Congressman Peter Welch says
he’s pessimistic that Congress and President Obama will be able to reach
agreement on a deficit reduction package by the end of the year, but he
doesn’t think "driving" over the so called "Fiscal Cliff" will hurt the economy
as long as a solution is found in January.
Congressman
Peter Welch says he believes it’s unlikely that lawmakers and President Obama
will avert the so-called fiscal cliff, blaming House Speaker John Boehner.
As the lame-duck Congress reconvenes Tuesday, Congressman
Peter Welch is outlining his priorities for the session. But Vermont’s lone congressman is skeptical a deal will be
reached to avert what is being called the looming fiscal cliff
Cities and towns in Vermont say Washington needs to deal with the coming fiscal cliff quickly because it could hurt their budgets and lead to another
recession.