To hear conservatives tell it, the Obama administration is using its executive power to effectively repeal the Clinton administration's signature welfare reform law. One man's gutting is another man's tweaking, but one thing that's for sure is that the Obama administration is not removing the bill's work requirements at all. He's changing them to allow states more flexibility.
This morning, my colleague Lori Montgomery reported that Democrats are increasingly willing to allow the US to fall off the so-called "fiscal cliff" at the end of this year in order to get Republicans to agree to allow higher rates on wealthy taxpayers. Which raises the question - what the heck is the "fiscal cliff"?