Fiscal cliff deal adds $4 trillion to deficits

Sativa said:
Fiscal cliff deal adds $4 trillion to deficits

The fiscal cliff deal passed by the Senate Tuesday morning would increase deficits over the next decade by close to $4 trillion, according to the Congressional Budget Office.

But that's relative to where deficits would otherwise be if Congress were to let all the Bush tax cuts expire and keep much if not all of the other tax hikes and spending cuts under the fiscal cliff in place. Under that scenario, only $2.88 trillion would be added to the debt over the next decade.

http://money.cnn.com/2013/01/01/news/economy/fiscal-cliff-deal-cbo/index.html

saweet
Click to expand...

Spending cuts?
 
bravo said:
True to form asshole.....not a word about the topic, but goes immediately to personal attack...
Click to expand...


What really makes the responses fun to read is when clowns like you, with literally no room to talk, try and whine about my supposed "attacks".
 
Anyone check the math on what the fiscal cliff would have done to the economy and what this "deal" will still do to the economy?
 
You must log in or register to reply here.
Back
Top