Congress may OK short-term stimulus to avoid problems
By Tom Curry, msnbc.com National Affairs Writer The signs look hopeful for a short-term accord in Congress on extending the payroll tax cut and unemployment benefits. But right after Election Day, a lame-duck Congress will face a horrific fiscal train wreck: sharp tax increases, combined with automatic spending cuts – and scanty reserves of political goodwill to help clinch a deal to avert that outcome. A House-Senate conference committee met Thursday to try to push ahead with a full-year payroll tax ...
