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Home>Tax Cliff Averted, Spending Cliff Delayed

Tax Cliff Averted, Spending Cliff Delayed

Perspectives Content Submission

Wed, 30 Jan 2013

After falling off the cliff for one day, the U.S. House of Representatives and Senate passed legislation to avert the full force of some $600 billion in spending cuts and tax hikes that were scheduled to take effect throughout 2013, preventing a fiscal shock that some economists thought could put t

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