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Roland99

(53,342 posts)
Thu Sep 20, 2012, 11:48 AM Sep 2012

The Fiscal Cliff, In Three And A Half Graphics

http://www.npr.org/blogs/money/2012/09/20/161427078/the-fiscal-cliff-in-three-and-a-half-graphics?ft=1&f=1001

A bunch of federal tax increases and spending cuts are scheduled to kick in around Jan. 1, 2013. This is what people are talking about when they talk about the "fiscal cliff."

If recent experience is any guide, things will probably start to get crazy as the deadline approaches, and Congress will move at the last minute to block some of the tax increases and spending cuts.

Before things get crazy, let's take a quick look at the numbers for fiscal year 2013...


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The Fiscal Cliff, In Three And A Half Graphics (Original Post) Roland99 Sep 2012 OP
Thanks, that was informative. bemildred Sep 2012 #1
Reminds me of the new sheriff scene from Blazing Saddles (warning - Mel Brooks offensive!) mbperrin Sep 2012 #2

bemildred

(90,061 posts)
1. Thanks, that was informative.
Thu Sep 20, 2012, 12:38 PM
Sep 2012

I'm not too worried about these situations where Congress threatens itself and plays games in order to bamboozle the public, they never actually shoot themselves, even the Congress is not that stupid.

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