Politics News & Analysis: Budget time bomb spooks economy

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The Washington PostTuesday, May 15, 2012
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WASHINGTON, DC - MAY 10: House Speaker John Boehner (R-OH) speaks at his weekly news conference on Capitol Hill, May 10, 2012 in Washington, DC. Speaker Boehner spoke on a number of topics but would not comment on gay marriage when asked.2  (Photo by Mark Wilson/Getty Images)

Budget time bomb sends shivers across economy

Business and civic leaders are bracing for potentially disastrous tax hikes and spending cuts after the November election.

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