For the past month or two I’m sure you have heard something about the “Fiscal Cliff” on the news.
Here’s a basic summary in case you’re still curious.
Basic idea: if our friends over in Washington can’t address a series of spending cuts and tax increases then there is a chance that we could be thrown into another recession. That concept seems a little crazy until you realize we’re talking about a total of $7 trillion worth of tax increases and spending cuts. So what specific spending cuts and tax increases should we look out for? Read Article;