Happy Fiscal New Year?
For the third year in a row, Congress did not adopt a budget resolution.
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For the third year in a row, Congress did not adopt a budget resolution.
The January 2013 fiscal cliff involves several components of tax cuts and spending provisions.
An analysis by the Peter G. Peterson Foundation that looks at all spending — and not just non-exempt spending — has found that the scale of reductions next year resulting from the sequestration will be more heavily weighted towards defense cuts.
https://www.pgpf.org/analysis/the-office-of-management-and-budgets-sequestration-reportan-analysis
Video shown on-site during the Peter G. Peterson Foundation/Bloomberg LP 2012 "Fiscal Thursday" panel events.
https://www.pgpf.org/multimedia/2012-conventions-fiscal-thursday-opening-video