3 more fiscal cliffs loom
January 1st, 2013
07:12 AM ET
10 years ago

3 more fiscal cliffs loom

New York (CNNMoney) - Think the fiscal cliff is causing uncertainty and holding back the economy? How about three more cliff-like deadlines over the next three months?

That's what's in store if Congress adopts the deal under consideration. The proposal at hand on Capitol Hill doesn't address the debt ceiling and temporarily puts off most of the automatic spending cuts otherwise set to take effect Wednesday.


Filed under: Fiscal Cliff
soundoff (4 Responses)
  1. Name lynn

    its just about for them republicans an the white house leaders obama saids you all is not going to hurt the poor an middleclass people well well hes also saying if you all dont compromise with him the fiscal bill will pass anyway

    January 1, 2013 07:25 am at 7:25 am |
  2. Ken

    What a joke our government is! They make it look like they agree on something for once but actually put off what's more important which is government spending cuts! Let's just keep going into more debt! I wish I could just keep printing more money for myself when I run out of it! Come on do you think the American people are blind? Our government should be forced by a world court to pay back what we owe! That would be eye opening! Why not file for bankruptcy protection! Lol

    January 1, 2013 08:33 am at 8:33 am |
  3. Rick McDaniel

    The debt ceiling is going to be a vicious battle.

    January 1, 2013 09:32 am at 9:32 am |
  4. Squigman

    What a bunch of criminals we've elected. The republicans, love to spend money on wars, and war machinery. All the time young people are being killed in the wars they love to fund. I guess it keeps their war based portfolios in the black. They've been so diligent in their quest to get a handle on domestic spending though. And you, the American listener of AM radio swallows it whole. God, what a joke the nation must appear to be to all other advanced countries.

    January 1, 2013 10:13 am at 10:13 am |