Fear of Falling: What Will Going Over the Fiscal Cliff Mean to You?

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  • What's At Stake?
  • Unemployment
  • Unemployment Insurance
  • Government Jobs
  • Payroll Tax Holiday
  • Social Security
  • Higher Taxes for More
  • Ripple Effect
  • Got Milk?
  • Spending Cuts


The nonpartisan Congressional Budget Office reports that the automatic spending cuts and tax hikes that would result from going over the cliff would send the U.S. economy into a new recession. Unemployment would also rise to 9.1 percent by the end of 2013.

(Photo: Matthew Staver /Landov)

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