The United States is just under 34 days away from falling off the fiscal cliff. The January 1 deadline brings a combination of tax rate increases and deep spending cuts. And Congress is reporting slow progress on reaching a deal to avoiding that combination.
Former Republican Presidential Candidate Tim Pawlenty says, "in order for the policy airplane to fly over the fiscal cliff its going to need two wings." He goes on to explain these two wings involve working on "revenues" and "structural spending reform and containment."
Pawlenty who is now a top lobbyist for the banking industry, weighs in on the gridlock in Washington live on “Starting Point” this morning.