Deficit
FAQ on “Fiscal Cliff”
What is the “fiscal cliff” and why does it matter? The Washington Post put together a FAQ to help answer questions related to the “fiscal cliff” and will keep updating this FAQ as the debate rages on. Click here to access the FAQ.
CBO warns fiscal cliff would lead to deep recession
By Erik Wasson thehill.com The non-partisan Congressional Budget Office on Wednesday warned the economy will enter a recession next year if the country goes over the so-called fiscal cliff. In its most dire warning yet about the fiscal cliff yet, the CBO said the economy would contract by 0.5 percent in calendar year 2013 if […]