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Thursday, December 6, 2012

Morning Bell: What IS the Fiscal Cliff?

Morning Bell: What IS the Fiscal Cliff?

I have posted a link from the Heritage Foundation which gives a primer on what a fiscal cliff is.  Federal Reserve Chairman Ben Bernanke coined the term "fiscal cliff" while urging Congress to avoid a steep drop off for the economy at the end of the year thanks to automatic tax increases and automatic budget cuts.

To read about the 'fiscal cliff' click on the link above from the Heritage Foundation.

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