Posted by Jesse on Thursday, January 3, 2013 at 4:41pm.
We hear much more about the fiscal cliff than a political cliff. I suppose the political cliff is the time when one or both parties act (or don't act) about an issue. At that point, the party feels it can't retreat.
See these sites for more information.
http://www.nationaljournal.com/politics/paul-ryan-vs-marco-rubio-the-politics-of-the-cliff-vote-20130103?page=1
http://themoderatevoice.com/172303/breaking-house-republicans-back-off-political-cliff-and-will-allow-vote-on-senate-comprormise/
http://www.powerlineblog.com/archives/2012/11/the-fiscal-cliff-the-debt-cliff-and-the-political-cliff.php
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