Retrospective on the Fiscal Cliff

A retrospective view of the August 2011 debate and news conferences from the U.S. House, U.S. Senate, and the White House as Congress… read more

A retrospective view of the August 2011 debate and news conferences from the U.S. House, U.S. Senate, and the White House as Congress considered and passed the Budget Control Act, as well as continued negotiations. As part of a deal for raising the federal debt ceiling, the Budget Control Act created sequestration on January 1, 2013, automatic spending cuts that are split 50/50 between defense and non-defense spending unless Congress would pass an alternate deficit reduction plan. Those spending cuts, coming together with the automatic end of Bush-era tax cuts, would create a so-called “fiscal cliff” for the economy. close

Javascript must be enabled in order to access C-SPAN videos.

*The transcript for this program was compiled from uncorrected Closed Captioning.

Hosting Organization

More information about

Retrospective on the Fiscal Cliff

267 Views
Program ID:
309611-3
Category:
Public Affairs Event
Format:
Video Magazine
Location:
Washington, District of Columbia, United States
First Aired:
Nov 26, 2012

Airing Details

  • Nov 26, 2012 | 11:28pm EST | C-SPAN 1
Purchase a DVD or Download

Retrospective on the Fiscal Cliff

  • DVD
    Length:
    03:27:01
    Price:
    $29.95
    Add to Cart
  • MP3 audio
    Length:
    03:27:01
    Price:
    $0.99
    Add to Cart