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Posted by on Nov 24, 2012 in Economy, Featured, Politics | 9 comments

US Worst-Case Scenario: Going Over Fiscal Cliff

US worst-case scenario: going over fiscal cliff (via AFP)

Letting the US economy go over the fiscal cliff would push the United States, and probably other countries, into a new crisis that political leaders now say they are determined to avoid. The fiscal cliff, a combination of mandated tax increases and spending cuts, will occur in January unless President…

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