Fiscal Cliff Explained: What is the Fiscal Cliff? from india aaa aa Watch Video
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Description: http://www.youtube.com/watch?v=CR8j4PnAd7k - What is the fiscal cliff, and how do we avoid it?nThe fiscal cliff will be crossed on Jan. 2, 2013 when $530 billion in tax increases and spending cuts at the federal level take place due to a previous budget agreement between Congress and the Obama administration.nSince Congress and the Obama administration could not reach an accord to reduce the federal budget deficit, a series of automatic tax hikes and decreases in spending will take place instead
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