re: #468 Gus

Well, Congress (the House especially) didn’t want to touch it with an election approaching, so they decided to punt the issue to the lame duck session. Happens all the time, but with an issue this important, the delay can and will roil markets and inject uncertainty into the process that adds to the volatility.

The lame duck session also has to deal with the #Sandy funding requests, which might get rolled into the tax reform measure or treated as a separate issue. I suspect that the two will get combined - in part to gain political points for forcing a no vote on recovery aid. It’s something we’ve seen before when unrelated items get tacked on to a controversial measure to get a yes vote or to force a side into a no vote they otherwise wouldn’t want to take.