Good news greeted America’s corporate leaders this morning. After months of relentless bickering, Democrats and Republicans reached a down-to-the-wire agreement to avert the so-called fiscal cliff, a conflagration of tax hikes and deep, across-the-board government spending cuts.
The bad news, however, concerns what wasn’t included in the deal and the missing pieces that assure continued wall-to-wall media coverage and repetitive talking heads. Beyond those broad sound bites is also the matter how, from operational and regulatory perspectives, those omissions may affect businesses.
