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Listen to Vice President of Research Susan Tanaka's interview with SiriusXM's "The Morning Briefing" on October 1st, 2012 (the beginning of Fiscal Year 2013):
October 1 marks the beginning of a new fiscal year for the U.S. Government, although there may not be much to celebrate. Here's where things stand:
Looking ahead, Fiscal Year 2013 presents substantial challenges that demand responsible behavior on the part of our leaders in Washington, D.C.
Now would be a good time for Congress and the President to make a new year's resolution: to adopt a bipartisan, grand fiscal bargain which goes into effect once the economy is stronger and sets our fiscal policy on a sustainable course for years to come.
Keeping that resolution would be worth a toast!