AdvertisementBefore The Showdown: The Long Road To The Fiscal CliffNovember 22, 2012David WelnafacebookEmailSenate Minority Leader Mitch McConnell, R-Ky., prepares to announce a debt ceiling deal in July 2011. That deal laid the foundation for the across-the-board spending cuts set to take effect on New Year's Day, 2013. (AP)
