Friday, January 11, 2013

The Fiscal Cliff

"Fiscal Cliff" is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect. The congressional budget office estimates that current plan includes $330.3 in new spending during the next ten years. The Fiscal Cliff agreement is good news to some extent, although it shouldn't be ignored that lawmakers had 507 days to address this problem. As a policy matter, it's far better that Republicans pass nothing.

The way I conducted my research was very simple actually. I simply typed in Fiscal Cliff and narrowed the search down to things that were uploaded a month ago. Then, I narrowed the search even more to "Fiscal Cliff "Republicans" "




http://www.cnn.com/2012/12/30/politics/fiscal-cliff/index.html

http://www.businessweek.com/articles/2012-12-31/on-the-fiscal-cliff-republicans-are-blowing-a-great-deal