Budget impact of fiscal deal

The deal agreed to by the House and Senate reduces the deficit from what it would have been if all expiring individual tax provisions had been extended, but it increases the deficit compared with the 10-year impact of going over the cliff. Read the article.

The deal agreed to by the House and Senate reduces the deficit from what it would have been if all expiring individual tax provisions had been extended, but it increases the deficit compared with the 10-year impact of going over the cliff.
Sources: White House Office of Management and Budget, Congressional Budget Office. Karen Yourish and Laura Stanton - The Washington Post. Published on January 2, 2013, 9:29 p.m.
 
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