fiscal-cliff-congress

As the focus to prevent the United States from falling off the so-called fiscal cliff turns to the Senate, a top Democratic aide tells the New York Times that not much is really going on there.

“It’s hard to overstate how little is going on,” the aide, described by the Times as “a senior Democratic leadership aide,” said. The aide also told the Times that senators were admitting in private that they do not expect a deal to be reached before $600 billion dollars worth of tax increases and spending cuts automatically kick in at the beginning of 2013.

But senators are not only admitting as much in private.

Independent Connecticut Sen. Joe Lieberman told CNN’s “State of the Union” Sunday that he now believes that no deal will be reached in time to avoid the fiscal cliff.

“It’s the first time that I feel it’s more likely that we will go over the cliff than not,” he said, as reported by CNBC.

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