http://capitalgainsandgames.com/blog/stan-collender/2708/whats-now-happening-federal-budget-worse-fiscal-cliff

The federal budget is always a major topic of discussion.  However it has become increasingly important with the growing deficit.  Budget cuts need to be made and what seems to be happening is that certain cuts will automatically go into effect if a new deal is not agreed on.  These cuts will include an $85 billion in military and domestic programs.  Neither party is for these cuts but an agreement can not be reached between the two sides.  The future of the federal budget is difficult, complex and extremely unpredictable but what is clear is that a solution must be found.