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Bookmark or Share- The coming fiscal cliff: A blueprint for tax reform in 2025 - BrookingsIn this policy proposal Kimberly A. Clausing (UCLA School of Law and PIIE) and Natasha Sarin (Yale School of Law and Yale School of Management) describe a menu of promising potential reforms that...
- Fiscal Cliff Explanation and Causes - The BalanceThe fiscal cliff is a combination of five tax increases and two spending cuts that were scheduled to occur on January 1, 2013. If Congress hadn’t taken action in time, taxes would have increased and government spending would have been drastically reduced in one day.
- Fiscal Cliff: Meaning, History, How it was Fixed - InvestopediaThe fiscal cliff refers to a critical imbalance in the federal government's revenues vs. obligations, creating a looming budget deficit shortfall if Congress does not act quickly.
- Fiscal Cliff - Meaning, Explained, Examples, Vs Fiscal DragFiscal Cliff Meaning. The fiscal cliff refers to a situation favoring and indicating the occurrence of economic contraction and recession due to the combined effect of tax cuts nearing expiration and reduced government spending.
- United States fiscal cliff - WikipediaThe United States fiscal cliff refers to the combined effect of several previously-enacted laws that came into effect simultaneously in January 2013, increasing taxes and decreasing spending. The Bush tax cuts of 2001 and 2003, which had been extended for two years by the 2010 Tax Relief Act, were scheduled to expire on December 31, 2012.
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