Greenstein on the “Fiscal Cliff”

Chad Stone yesterday highlighted Senator Patty Murray’s (D-WA) recent speech at a Brookings forum explaining why policymakers shouldn’t let misguided fears about the so-called “fiscal cliff” panic them into making unsound fiscal decisions.

In the brief clip below, Robert Greenstein, a panelist at the forum, discusses how the debate over the tax and spending changes scheduled for next January may affect prospects for, and the timing of, an agreement on a balanced approach to long-term deficits.