Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as
going over the fiscal cliff might have, economists say.
President Obama quickly made his position clear: Congress must raise taxes on Americans earning more than $ 200,000 a year as part of any compromise to keep the U.S. from
going over the fiscal cliff.
First, the tail risks (low - probability, high - impact events) in the global economy — a eurozone breakup, the US
going over its fiscal cliff, a hard economic landing for China, a war between Israel and Iran over nuclear proliferation — are lower now than they were a year ago.
Not exact matches
While there are signs of economic improvement, small businesses remain cautious in terms of hiring, amid uncertainties
over the Federal government's ability to avoid the
fiscal cliff and the tax ramifications of
going over it.
Have a plan for what happens if we hit the
fiscal cliff and
go over it.
The hopefuls also voiced concern
over what the impact may be if the federal government
goes over the so - called «
fiscal cliff.»
Secondly, perhaps the figures should have been shown tumbling (tripping)
over the
Fiscal Molehill since that would be a far more accurate representation of what has been and is going on in terms of dealing with the end of year deadline for «fixing» the fiscal
Fiscal Molehill since that would be a far more accurate representation of what has been and is
going on in terms of dealing with the end of year deadline for «fixing» the
fiscal fiscal cliff.
That's because
over the next few months, Congress and the President are
going to negotiate
over avoiding the
fiscal cliff — a massive series of cuts to social programs and defense spending — plus the expiration of the Bush tax cuts.