Republican Fiscal Cliff Proposal
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011.
Russell Berman was interviewed via Skype about the “fiscal cliff.” “Fiscal cliff” referred to the impending tax increases and sequestration… read more
Russell Berman was interviewed via Skype about the “fiscal cliff.”
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011. close
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