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News: US Financial Crisis has been avoided
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News: US Financial Crisis has been avoided
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Lee!!
ATRL Moderator
Member Since: 11/16/2004
Posts: 28,450
Thread Starter
|
Post #1
US Will Go Over the Fiscal Cliff
Ryan Ruggiero @RyanRuggiero
Breaking: CNBC's Harwood: No Vote in the House Tonight -- U.S. Will Go Over the Fiscal Cliff
And retweeted by @BreakingNews
Source
Happy New Year!
UPDATE:
http://atrl.net/?p=13505902
H-I-M
Member Since: 4/21/2011
Posts: 42,362
Post #2
Oh.
Jabril
Member Since: 4/9/2012
Posts: 13,357
Post #3
I can't.
gettsleazy
Member Since: 11/13/2011
Posts: 8,525
Post #4
Not to sound illiterate and dumb, but what
exactly
does that mean?
keshaspearsxo
Member Since: 7/15/2012
Posts: 30,915
Post #5
Quote:
Originally posted by
gettsleazy
Not to sound illiterate and dumb, but what
exactly
does that mean?
.
BoyOnBoy Wonder
Member Since: 12/21/2010
Posts: 51,088
Post #6
Honestly... it was inevitable.
All this partisanship is irritating though. It's partisanship at the cost of the American people.
Graduation
Member Since: 12/9/2007
Posts: 9,007
Post #7
Quote:
Originally posted by
gettsleazy
Not to sound illiterate and dumb, but what
exactly
does that mean?
The Mayans were right.
DanceForYou
Member Since: 8/17/2011
Posts: 15,524
Post #8
Not surprised they let this happen though.
gagakyle
Member Since: 8/19/2011
Posts: 8,761
Post #9
Spending cuts will go into place and tax rates will rise for everyone. They can still change it though...tomorrow is just the day the tax cuts expire.
HausOfGerard
Member Since: 9/3/2011
Posts: 28,911
Post #10
so much for 2013.
Ties
Member Since: 6/20/2012
Posts: 6,046
Post #11
Quote:
Originally posted by
gettsleazy
Not to sound illiterate and dumb, but what
exactly
does that mean?
There's more to it, but higher taxes.
Kings.
Member Since: 12/2/2011
Posts: 52,765
Post #12
Ugh what does this mean, please don't come at me for not being informed on this either
Jabril
Member Since: 4/9/2012
Posts: 13,357
Post #13
Quote:
Originally posted by
gettsleazy
Not to sound illiterate and dumb, but what
exactly
does that mean?
http://en.wikipedia.org/wiki/United_States_fiscal_cliff
Quote:
In the United States, the "fiscal cliff" refers to the economic effects that could result from tax increases, spending cuts, and a corresponding reduction in the US budget deficit beginning in 2013 if existing laws remain unchanged.
Lee!!
ATRL Moderator
Member Since: 11/16/2004
Posts: 28,450
Thread Starter
|
Post #14
Quote:
Originally posted by
gettsleazy
Not to sound illiterate and dumb, but what
exactly
does that mean?
Short version, everyone's taxes are going up
HausOfGerard
Member Since: 9/3/2011
Posts: 28,911
Post #15
My parents are gonna have a meltdown, thank god i'm gonna be partying
ABEL-o-matic
Member Since: 12/7/2011
Posts: 18,969
Post #16
Quote:
Originally posted by
Lee!!
Short version, everyone's taxes are going up
What is Obama thinking. The tax rise is good, but it DOESN'T affect the 10% much.
Really, it's the middle class that will have to pay the most.
Rogue
Member Since: 4/26/2012
Posts: 33,881
Post #17
Banging my head against the wall.
Doc
Member Since: 12/4/2010
Posts: 37,894
Post #18
It's not THAT hard to compromise. Damn children in Washington.
Jabril
Member Since: 4/9/2012
Posts: 13,357
Post #19
Quote:
Originally posted by
Mong Mong
What is Obama thinking. The tax rise is good, but it DOESN'T affect the 10% much.
Really, it's the middle class that will have to pay the most.
Not really his fault, Congress just can't agree over ****.
GaGaFan
Member Since: 2/6/2010
Posts: 27,892
Post #20
Like seriously though....
Oh, AND Congress gets a pay raise for this F.A.B.U.L.O.U.S. job. And they wonder why people are apathetic about the government.
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