Quantcast

Sen. Casey looks forward to 'fiscal cliff' resolution - abc27 WHTM

Sen. Casey looks forward to 'fiscal cliff' resolution

Posted: Updated:
FORT INDIANTOWN GAP, Pa. (WHTM) -

If you were to take a peek over the edge of the fiscal cliff, among the faces you would find are those of American soldiers and the unemployed.

"I would be surprised if we don't have 500 people passing through that door," said Emily Munoz of the U.S. Chamber of Commerce during a job fair at Fort Indiantown Gap.

The fair was targeted at military spouses and veterans, a subset of the population that could soon be hit with a double whammy.

"The Pa. National Guard has really focused on unemployment, we've seen some success but we're not where we need to be," said Lt. Col. Laura HcHugh.

Without an agreement to avoid the fiscal cliff, automatic tax hikes and spending cuts would take effect January 1. In 2013 alone, federal spending would decrease by $110 billion, $50 billion of that cut from national defense.

The military members at the job fair are also people looking for jobs, meaning many also rely on unemployment checks; money that, without an agreement, would stop January 1.

Sen. Bob Casey Jr. said: "This has to be bipartisan. It has to be balanced. You can't just do it with one or the other."

Casey spoke with abc27 before he headed to a committee meeting with colleagues and economists to discuss the possibility of a resolution.

Republicans want to see spending cuts, but no tax increase. Democrats want to see both.

"We can settle the debate about what happens with the upper income folks. I think they can help us with deficit and debt reductions," said Casey, adding that he is hopeful of a compromise.

Powered by WorldNow