The Fiscal Cliff

The Fiscal Cliff

Implementation and Analysis of The Fiscal Cliff contained in the U.S. Budget Control Act of 2011.
Writing Four (4) pages for The Fiscal Cliff contained in the U.S. Budget Control Act of 2011.
1-Tax component of the Act €“ allowing Bush tax cuts to expire.
2- Spending component of the Act €“ Across-the-Board spending cuts in the Federal government budget.
3- Sequestration €“ what does it mean?
4- Who will be affected?
5- Who will benefit?

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