Congress may have tackled the fiscal cliff, but several similar fights loom in 2013, according to the National Journal. Oh, and each could quickly become a crisis.
The first "mini-cliff," would be breaching the national debt ceiling. The federal government already hit its borrowing limit on Monday, but Treasury Secretary Timothy Geithner said "extraordinary measures" will allow him to make payments for another two months. Republicans are already gearing up for a fight similar to 2011's debt ceiling crisis, but President Barack Obama said he won't negotiate over the issue.
This ties into the federal budget - or more specifically, passing continuing resolutions to keep the federal government funded. Resolutions are routine, but they've become a flashpoint for many politicians over issues such as aid sent to the Middle East.
Finally, there's sequestration. More specifically, how to evenly apply some $109 billion in cuts to both defense and non-defense spending by March. Undoing the sequestrations cuts would demand each party to accept even more cuts, according to NJ.Via National Journal