Monday, December 10, 2012

Fiscal Cliff


The Fiscal Cliff is a term that refers to economic effects where the Uniter States government would have to increase the taxes, spending cuts and corresponding reduction. The Congressional Budget Office believes that if we go over the fiscal cliff by 2013 the US government will go into a recession. I'm not really sure what to do because I don't know how we'd be able to stop it.

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