Congressional progressives propose ‘Deal for All’ (video)
Now that the 2012 elections are over, the US Congress must face the "fiscal cliff".
What is the fiscal cliff? The fiscal cliff is a collection of financial provisions– including the infamous Bush tax cuts and the mandated "sequestration" cuts (brought about because the Super Committee couldn't reach a compromise)– that either expire–or take effect– between now and December 31, 2012.
Whether or not the fiscal cliff is really a cliff or just a bump in the road depends upon which media outlets you follow.
The Congressional Progressive Caucus has proposed the Deal for All to mitigate the impact of fiscal cliff decisions on the middle class and the poor.
After the jump, watch a video of a hearing on the Deal for All and read an explanation of their ideas.