Falling off the 'fiscal cliff' into recession?

The economy would suffer if Congress permits tax hikes and automatic spending cuts to take effect in January, according to the Congressional Budget Office. Postponing those actions would improve the nation's economic outlook, the CBO said, but would cause the government to rack up trillions of dollars in additional debt. Read related article.

Falling off the 'fiscal cliff' into recession?
Source: Congressional Budget Office. The Washington Post. Published on August 22, 2012, 7:02 p.m.
 
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