Americans Pessimistic About Fiscal Cliff Negotiations

With the fiscal cliff looming just weeks away, the Pew Research Center released a poll reflecting the public's concerns regarding the ongoing negotiations between the White House and Republican Congressmen. 40% of Americans believe lawmakers will reach a deal before the January 1st deadline, when mandatory spending cuts and tax increases take effect.  49% believe no deal will come to fruition, hurling the U.S. over the fiscal cliff – something many experts believe will drag the economy into another recession.  If no deal is reached, 53% of the public said they'd blame Republican Congressmen, and just 27% would place blame on President Obama.  Democrats are more optimistic about negotiations, with 55% saying they expect a deal to emerge before the New Year, compared with just 22% of Republicans
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