Fiscal Cliff Will Define Obama's Second Term

Fiscal Cliff Defines Obama's Second Term
President Barack Obama pauses as he speaks about the fiscal cliff, Monday, Dec. 31, 2012, in the South Court Auditorium at the White House in Washington. The president said it appears that an agreement to avoid the fiscal cliff is "in sight," but says it's not yet complete and work continues. (AP Photo/Charles Dharapak)
President Barack Obama pauses as he speaks about the fiscal cliff, Monday, Dec. 31, 2012, in the South Court Auditorium at the White House in Washington. The president said it appears that an agreement to avoid the fiscal cliff is "in sight," but says it's not yet complete and work continues. (AP Photo/Charles Dharapak)

Constant crisis, a more aggressive president, maybe even a more accommodating Republican Party: what last week's agreement tells us about the road ahead.

The fiscal cliff was not the end. If anything, it was the beginning of a new season of crisis on Capitol Hill. Aren't you glad?

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