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America faces a fiscal cliff


America faces a fiscal cliff: Here's how to stop it - Stand Together

America is headed for a fiscal cliff. Here's how to stop it. A coalition of scholars and policymakers are working on long-term economic solutions — together.

Americans for Prosperity releases new poll on upcoming Fiscal Cliff

Without action from Congress, this Fiscal Cliff will trigger massive tax hikes for millions of Americans already struggling with rising costs ...

Fiscal Cliff: Meaning, History, How It Was Fixed - Investopedia

Fiscal cliff is a term coined to describe a rare combination of expiring tax cuts and government spending cuts that were perceived as ...

America's Fiscal Future | U.S. GAO

The federal government faces an unsustainable fiscal future. In February 2024, we released our annual report on the nation's fiscal health, ...

United States fiscal cliff - Wikipedia

The fiscal cliff would have increased tax rates and decreased government spending through sequestration. This would lead to an operating deficit (the amount by ...

The impact of fiscal cliff negotiations on American jobs

As the year draws to a close, policymakers and the media have their sights fixed on the “fiscal cliff,” the federally mandated set of cuts in spending and ...

Twelve States Face Fiscal Cliffs as Expiration of Federal COVID-19 ...

While 38 states are at low risk of encountering fiscal cliffs, Bunch finds that 12 are at a moderate or elevated risk of shortfalls when the funds expire.

Surmounting the Fiscal Cliff | Urban Institute

Though the federal government provided aid that prevented massive cuts during the pandemic's first two years, many transit agencies are now ...

The surprising reason Black schools face a 'fiscal cliff' this fall

Perhaps not surprisingly, the impact of what experts are calling “the ESSER fiscal cliff” will fall hardest on low-income districts, which tend ...

What Is the Fiscal Cliff? | Council on Foreign Relations

The "fiscal cliff" is a term used to describe a bundle of momentous US federal tax increases and spending cuts that are due to take effect at the end of 2012 ...

The Fiscal Cliff Deal and Our Long-Run Budget Challenge

Lawmakers passed the American Taxpayer Relief Act to avoid the near-term drag on the economy that could have been triggered by the so-called fiscal cliff.

The Fiscal Cliff Scenario | American Enterprise Institute - AEI

The U.S. economy faces two important questions concerning the stance of fiscal policy. The first is whether the slated withdrawal of fiscal stimulus will ...

How city governments can navigate the fiscal cliff

A fiscal cliff occurs when local governments experience a sudden and severe economic downturn due to declining revenues and increasing ...

Schools face a funding cliff. How bad will the fall be? - Chalkbeat

Schools face a funding cliff. How bad will the fall be? · Schools got a lot of federal money, but it's running out — and no more is coming · High- ...

Public Transit Agencies Face Severe Fiscal Cliff

The American Public Transportation Association is a nonprofit international association of 1,500 public- and private-sector organizations that ...

America's fiscal cliff dwellers - The World Economic Forum

Bernanke's point was that Americans should worry about the combination of federal tax increases and spending cuts that are currently scheduled ...

SEPTA pauses "bus revolution" plan as it faces fiscal cliff - CBS News

The bus revolution would have been the agency's first-ever redesign of its bus network, but that's now on hold as federal funding that kept ...

The Fiscal Cliff and the Looming Entitlement Crisis | American ...

The United States is just weeks away from a $7 trillion fiscal cliff, when, among other changes, marginal tax rates are scheduled to rise to levels not seen ...

Five reasons America won't fall off the 'fiscal cliff' - CSMonitor.com

The political and economic ramifications are too big for Washington to let the large tax increases and spending cuts take effect.

Americans face $3,500 fiscal cliff tax hit - Business - CNN

American households face an average tax increase of $3,500 if Congress doesn't act to avert the fiscal cliff, according to a new analysis ...