Since today's low mortgage rates have largely been a function of a slow economy, this prospect raises a question — could
going over the fiscal cliff lead to even lower mortgage rates?
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.
Small - business owners are worried that employee health - care costs will rise substantially as the Affordable Care Act is implemented, and that Congress and the President won't agree on taxes and spending, sending the
country over the fiscal cliff into a recession in 2013.
The middle class is evaporating while Obama cheerfully leads the whole
nation over fiscal cliff that could do irreparable damage.
The Board's responses revolved around the idea that previous administrations have let the problem get so bad they must act fast and close these schools or else the district will
fall over a fiscal cliff — sorry wrong manufactured crisis — but you get the idea.
Ultimately, the SHIELD act will have a tough time garnering the attention of a congress enthralled in a
battle over the fiscal cliff and faced with a packed agenda in Obama's second term.
As Federal, State and Territory leaders came together this past fortnight, NSW Premier Mike Baird called for an increase in the GST from 10 % to 15 % to help meet the rising cost of health funding and prevent the federal - state financial system from «
tumbling over a fiscal cliff».
Although most of the weakness was comprised of temporary factors like a large drop in defense expenditures, weaker inventory accumulation, and
worries over the fiscal cliff crisis, the lower - than anticipated growth number raises concerns.
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.
A year ago, there was a real possibility of the U.S. going
over the fiscal cliff and Greece leaving the euro.
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.
Small - business owners know that reaching a compromise would be much better than going
over the fiscal cliff.
US loses if we go
over the Fiscal cliff = US wins if we go over the Fiscal cliff Some will be b affected 4 better / worse; US will b ok $ $ Dec 31, 2012
The alternative is going
over the fiscal cliff, which I have argued for a longish amount of time might not be so bad, though Congress will regret ceding control of spending to he Executive Branch.
Had we gone
over the fiscal cliff, Pease limitations would have been reinstituted on all filers starting at $ 174,450 of adjusted gross income.
If we make
it over the fiscal cliff, good times may be ahead for apartment builders — though that's a big «if.»