Wednesday, May 22, 2013

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The fiscal cliff: what does it really mean?
Posted: 11.12.2012 at 7:06 AM
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There will be an automatic trigger of forced, more radicalized increases of taxes and cuts beginning January 1, 2013.  This part of the agreement is referred to as "sequestration" and these are designed to radically cut the deficit by 1 trillion+ over 10 years.

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