on the bright side they haven't passed Obama's requested $4T in fiscal contraction. yet.:
Just $900B in cuts over 10 years to pay for the $900B pricetag on last Decembers' tax breaks for the rich. On the downside, they aren't even talking about doing anything about this:
Practically speaking what we’re dealing with here and what we need to recognize is not an interruption to a long process of economic growth, a recession or some shock to aggregate demand. It is an incurable disease at the heart of the system.