I looked back several pages but saw no thread on the looming fiscal cliff, or the fiscal "hill" as some are calling it. I am interested to hear everyone's thoughts on the fiscal cliff with regards to what you would like to see included in the legislation and how you think the final bill will effect economic growth. Personally, I believe that the final bill will include roughly 1.2 trillion in increased revenues which will be achieved through closing loopholes and deductions as well as a moderate rate increase on the top marginal rates; somewhere in the neighborhood of a 2% increase (from 35% to 37%). On the spending cut side I look for around 2.8 trillion in cuts, primarily achieved by reducing military spending as well as medicare and medicaid spending. I am not affluent enough with the situation to provide deeper details but I expect the final framework to look something like this. Further, and perhaps more importantly, I expect to see economic growth take on a better trajectory after the deal is finalized. In an open letter to congress before the election, CEO's from 80 of the largest corporations, signed onto a balanced deal that included new revenues as well as spending cuts and went on to say that they are ready to start hiring and investing again if the government can inspire some confidence with such a "grand bargain." In recent days and weeks I have seen many of these corporate execs on the talking head shows reiterating their desire to move forward once a deal is struck. To be clear I do not expect a robust recovery a month after a deal is signed but I do expect that we will be well on the path to something that we will all "feel." As a small business owner I am excited by the prospect of getting back to more profitable times.