Recession - Fiscal Cliff

[THE_DB_KNIGHT]

Fox news lo chepthunnadu

The Fiscal Cliff Explained

“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect.

Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President Obama’s health care law. At the same time, the spending cuts agreed upon as part of the debt ceiling deal of 2011 will begin to go into effect. According to Barron's, over 1,000 government programs - including the defense budget and Medicare are in line for "deep, automatic cuts."

In dealing with the fiscal cliff, U.S. lawmakers have a choice among three options, none of which are particularly attractive:

They can let the current policy scheduled for the beginning of 2013 – which features a number of tax increases and spending cuts that are expected to weigh heavily on growth and possibly drive the economy back into a recession – go into effect. The plus side: the deficit, as a percentage of GDP, would be cut in half.
They can cancel some or all of the scheduled tax increases and spending cuts, which would add to the deficit and increase the odds that the United States could face a crisis similar to that which is occurring in Europe. The flip side of this, of course, is that the United States' debt will continue to grow.
They could take a middle course, opting for an approach that would address the budget issues to a limited extent, but that would have a more modest impact on growth.

[evadigolavadide]

pichal pack ayithunai...

[THE_DB_KNIGHT]

Already shaking started here

[k2s]

3 words lo matter pls

[THE_DB_KNIGHT]

[quote name='k2s' timestamp='1352421876' post='1302766570']
3 words lo matter pls
[/quote]

Recession coming soon

[k2s]

[quote name='THE_DB_KNIGHT' timestamp='1352422238' post='1302766613']


Recession coming soon
[/quote]eppudu ekada ela ?

[THE_DB_KNIGHT]

[quote name='k2s' timestamp='1352422294' post='1302766622']
eppudu ekada ela ?
[/quote]

In coming 2 weeks Obama has to take some decision on fiscal cliff - that might lead to recession ... Please read last few lines of above news ..you will understand

[viplavreddy123]

[quote name='THE_DB_KNIGHT' timestamp='1352422238' post='1302766613']
Recession coming soon
[/quote]
[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[THE_DB_KNIGHT]

[quote name='pawan_bhaktudu' timestamp='1352423183' post='1302766718']

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]
[/quote]

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[HAPPYLESS]

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[viplavreddy123]

[quote name='THE_DB_KNIGHT' timestamp='1352424112' post='1302766771']
[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]
[/quote]
[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[THE_DB_KNIGHT]

[quote name='pawan_bhaktudu' timestamp='1352424775' post='1302766827']

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]
[/quote]

Fiscal cliff ani google lo search chesukondi matter meeke Ardham avthadhi

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[HAPPYLESS]

[quote name='THE_DB_KNIGHT' timestamp='1352424860' post='1302766834']
Fiscal cliff ani google lo search chesukondi matter meeke Ardham avthadhi

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]
[/quote]
obama pans oppukoru vaaayyy [img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

[viplavreddy123]

[quote name='THE_DB_KNIGHT' timestamp='1352424860' post='1302766834']
Fiscal cliff ani google lo search chesukondi matter meeke Ardham avthadhi

[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]
[/quote]
[img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]ipude foxnews live streaming lo chusina vadu ditoo ikadunade reading..ardamindi scene..endukante foxnews pachi republican supporter..idhanta republican plan otamini tatukolekapotunaru vaya

[HAPPYLESS]

CNN lo kuda 2days nundi dobbesthunnadu fiscal cliff ani [img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]

aadni kuda kalipey romney batch lo [img]http://www.desigifs.com/sites/default/files/1_1.gif?1337204742[/img]