Cliff Notes: Can America Avert Another Economic Crisis?

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  • What Kinds of Spending Cuts Will Be Made?
  • How Will Cuts Impact Entitlement Programs?
  • Are Any Programs Exempt From Automatic Cuts?
  • What Will Be the Impact on the Economy?
  • Why Won't Lawmakers Just Make a Deal?
  • What Happens If There's No Deal by Dec. 31?
  • Blame Game
  • What Is a Fiscal Cliff?
  • How Did We Get Here?
  • The Sit Down
  • Stalemate
  • Home Alone
  • Times a' Ticking
  • Plan Big Fail
  • How Large Would the Tax Increases Be?
  • What Does This Mean to My Wallet?
  • Will Other Taxes Rise?

Are Any Entitlement Programs Exempt From Cuts?

Social Security, Medicaid, Supplemental Security Income, food stamps, the children's health insurance program, refundable tax credits, veterans' benefits and military personnel would be exempt from automatic cuts. They are not immune from changes during budget negotiations, however.

(Photo: AP Photo/Bradley C Bower)

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