fiscal cliff
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Talk of the Town: Falling Off a Cliff
“A scary new world of higher taxes, reduced spending and austerity politics.” That’s what many say is in store if Congress and President Obama cannot come to an agreement on what to do about expiring tax cuts and sequestration, aka the fiscal cliff. The president released his plan for averting the fiscal cliff yesterday, which includes Continue reading
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Talk of the Town: Over the Cliff
Ground feel unsteady under your feet? It might be that you’re standing at the edge of a fiscal cliff. According to Politico, “If Congress doesn’t take action by the end of the year, a package of tax cuts adopted during George W. Bush’s administration expire while deep spending cuts kick in. If that happens, the Continue reading