The U.S. economy is bracing to take an immediate $500 billion hit on January 1, 2013. The “double whammy” of across-the-board cuts in spending and federal tax increases will be large and sudden.
Fiscal Shock: America’s Economic Crisis reveals the devastating economic consequences of not addressing the fiscal cliff before it happens.
Rod will speak with an economist from the National Association of Manufacturers about this report at 4:35pm
Read More Here:
http://www.nam.org/Issues/Tax-and-Corporate-Finance/The-Fiscal-Abyss.aspx
