Question Details

Will the ‘fiscal cliff’ be avoided?

Will the ‘fiscal cliff’ be avoided?

Asked by: Super Userkruijs in Politics » United States
Settled on 01/02/2013 14:53 Settled by Super Userkruijs
Winning option: settled question on option 'Yes'. Details: A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013. A bill passed by Congress late Tuesday averts widespread tax increases and delays deep spending cuts that had threatened to return the country to recession. World stocks went up in response. http://abcnews.go.com/Business/wireStory/us-skirt-fiscal-cliff-faces-higher-taxes-18107456

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