WaPo "If President Obama, his weakened Democratic allies and a resurgent Republican Party cannot find a way to work together, taxes will rise sharply in January for virtually every American taxpayer, and more than 3 million people will lose their unemployment checks - which together could suck more than $300 billion out of the pockets of consumers and business owners next year.
"Economists across the political spectrum say such a blow would be devastating to the economy and has the potential to halt the fragile recovery in its tracks.
""Businesses and households would run for the bunker, and we'd be back in recession. I don't see how we could avoid it," said Mark Zandi, chief economist at Moody's Analytics. "
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