DC gone bzonkers during election season

Tax deal swelling into $800 billion blowout

Congress is eyeing a year-end budget-busting tax cut blowout.

Lawmakers’ latest effort to renew a hodgepodge of temporary tax breaks is swelling into a catch-all measure that could cost more than $800 billion over 10 years. The money would go for everything from extending generous write-offs for business investments to renewing tax credits for poor families to repealing or delaying Obamacare’s much-loathed Cadillac tax. All of it would be unpaid for, which is giving budget hawks nightmares.

Read more: http://www.politico.com/story/2015/12/tax-deal-breaks-loopholes-216366#ixzz3tDda7mOl

Our recessions, planned, right in front of us with our agreement.  And, for whatever reason, the very economists who plan these recessions have no clue about the cause of business cycles..