Taxes

FISCAL CLIFF: 54 Days Until $7 Trillion Tax Hike

By at November 8, 2012 | 10:15 am

FISCAL CLIFF: 54 Days Until $7 Trillion Tax Hike

by WYNTON HALL -- In 54 days, $7 trillion in tax hikes and spending cuts over the next decade will automatically go into effect.  If America goes over this "fiscal cliff," experts say the already rickety U.S. economy could implode. To avert the economic calamity, on Wednesday Speaker John Boehner offered President Barack Obama a "bridge" to help the nation safely ... Go To Article