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‘Budgetary crystal meth’

With the fate of the global economy hanging on the outcome of the fiscal cliff debate, a grand bargain cannot be postponed this time around.

Himes, analysts predict U.S. will avert ‘fiscal cliff’

With the infamous fiscal cliff now less than three months away, Congressman Jim Himes on Sept. 27 told a group of financial industry representatives that he thinks there is a seven in 10 chance that Congress reaches a “grand bargain” akin to the Simpson-Bowles plan released in late 2010.