Fiscal Cliff is just a bump in the road.
The best option for Congress is to do NOTHING. That is right, NOTHING. Nothing allows taxes to go up (democrats keep telling us taxes need to be hire, this will raise it about 800 Billion Dollars). The GOP, allegedly believes in limited government and a balance budget, guess what – we are about to hit the debt ceiling. Meaning the government won’t be able to spend more than it takes in. This will save us 8-10 Trillion dollars in debt and force the Obama administration to live within its means.
Right now the GOP is just trying to get 800 Billion in savings by negotiations. Why not get it all? The basic answer is that the GOP and Democrats are really the same party.