viernes, 28 de diciembre de 2012

The consequences would be felt by everybody


Over the fiscal cliff: What kind of landing?




Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break. "God only knows" how a deal can be reached now, House Speaker John Boehner declared.
President Barack Obama, on his way out of town himself, insisted a bargain could still be struck before Dec. 31. "Call me a hopeless optimist," he said.
A look at why it's so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending, and what happens if they fail to meet their deadline:
  • NEW YEAR'S HEADACHE ...
  • WHAT IF THEY MISS THE DEADLINE? ...
  • WHAT IF THEY NEVER AGREE? ... 
  • THE TAXES ...
  • THE SPENDING ...
  • THERE'S MORE AT STAKE ...
  • CALL THE WHOLE THING OFF? ...
  • SO WHAT'S THE HOLDUP? ...
  • IT'S NOT JUST WASHINGTON ...
  • THE COUNTDOWN ...

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