Advertisement

What is the 'fiscal cliff?'

Published On: Nov 09 2012 10:50:09 AM CST   Updated On: Dec 31 2012 07:28:08 AM CST

Confused by all this talk of a "fiscal cliff" and what it means to you? As lawmakers in Washington try to beat tonight's deadline, here are some answers.

dollar bills, money
1 / 16

What is the "fiscal cliff?" -- The "fiscal cliff" refers to the expiration of a series of economic measures (tax relief, reauthorization of unemployment insurance and the Job Creation Act of 2010) that are set to end this year.

Features

1 2 3 4 5 6 7 8
Advertisement

Upload Photos / Videos

Advertise With Us
Advertise With Us