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In reply to the discussion: Howard Dean: Let's Drive Over the Fiscal Cliff [View all]pa28
(6,145 posts)32. The Congressional budget office has some useful information on this issue.
This is the deficit scenario under the "fiscal cliff".
What Is the Budget Outlook for 2014 to 2022 Under Current Law (CBOs Baseline)?
Deficits and Debt: Budget deficits are projected to continue to shrink for several yearsto 2.4 percent of GDP in 2014 and 0.4 percent by 2018before rising again to 0.9 percent by 2019.
Deficits and Debt: Budget deficits are projected to continue to shrink for several yearsto 2.4 percent of GDP in 2014 and 0.4 percent by 2018before rising again to 0.9 percent by 2019.
http://www.cbo.gov/publication/43539
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love me some howard dean. he would never be the appeaser in chief. come back, howie nt
msongs
Nov 2012
#7
Robert Reich is talking this way too, only he calls it a fiscal hill to climb, link:
patrice
Nov 2012
#11
I do not agree with cutting SS, Medicaid/Medicare one bit. The middle class has been stagnant
Dustlawyer
Nov 2012
#21
Any CEO/corporation who complains that the fiscal cliff will destroy the economy...
Crowman1979
Nov 2012
#40
K&R! Let's do it. Then eliminate the filibuster on Day One and introduce our Middle Class Tax Cut
Overseas
Nov 2012
#41