If Congress doesn't do much this year, lets automatic cuts of $1.2 trillion kick in and the Bush tax cuts expire, that cuts $5 trillion from the deficit within a decade.
The controversial Stop Online Piracy Act or SOPA will be the sole subject of a House Judiciary Committee on Wednesday. SOPA is the House version of the Senate’s Protect IP act which got strangled by Senator Ron Wyden (D-Ore.) who echoed the views of many in the tech industry that the measure gave law enforcement far too much power in shutting down websites that are suspected of trafficking in unlicensed content…