Thanksgiving 2013 and the Fiscal Cliff

I am here to wish everyone a Happy Thanksgiving (unless of course you read this after the break), but also to give myself a little boost.  It seems like we are getting closer and closer to a “solution” to the Fiscal Cliff.  In case you missed it, there are a lot of things coming down from the government that are leading us like lemmings to potentially a worse recession that before… but the news continues to get better.

Everyone talks about sequestration and the fiscal cliff as if they are the same thing – they are not.  Sequestration = budget cuts.  Fiscal cliff = sequestration + tax increases.  It appears that the President and Congress are well on the way to at least figuring out 1/2 the equation (taxes) and the other 1/2 (cuts) will most likely get kicked down the road a little longer.

Stay tuned… there is bound to be a race to 12/31 to get it all done, just like I thought it would.

PS – For those of you just checking in before taking the rest of your use or lose time – Happy Holidays, I will see you again next year.  *smirk*

About Marty Herbert

With 13 years of government contract administration, analysis, finance, and audit experience, I have established a firm baseline in ethics and a specialization in government contracts that has prepared me to become a subject matter expert in my field. I am currently working on enhancing government contracts management and compliance through workflow tools and product offerings - attempting to make the process proactive as opposed to reactive.
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