Thursday, December 27, 2012


WASHINGTON, Dec 27 -  The top Democrat in the Senate warned on Thursday that the United States looks to be headed over the "fiscal cliff" of tax hikes and spending cuts that will start next week if squabbling politicians do not reach a deal.
Majority Leader Harry Reid told the Senate in a speech that "it looks like that is where we're headed.
He called on the Republicans who control the House of Representatives to prevent the worst of the fiscal shock by getting behind a Senate bill to extend existing tax cuts for all except those households earning more than $250,000 a year.
RELATED: US consumer confidence falls on 'fiscal cliff' fears

I don't know about you but the above news sends shivers down my spine.  It seems like congress is still doing nothing about the financial crisis.  Some economist say that the pending fiscal cliff could result in another recession with unemployment reaching 11% or more.  If you are facing financial uncertainty or are currently experiencing financial difficulties Richards & Godfrey, P.C. can help you get out of your financial stress.  We are one of northern Utah's most respectable law firms for consumer bankruptcy .  Richards & Godfrey, P.C has excellent attorneys and staff  here to assist you through these troubled times.  You can read more about bankruptcy on our website:  richardsgodfrey.com.

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