U.S. Economy and the Fiscal Cliff
President Obama spoke about his plan to avoid the “fiscal cliff.” The event was part of the administration’s effort to… read more
President Obama spoke about his plan to avoid the “fiscal cliff.” The event was part of the administration’s effort to gain public support for the proposal to end the George W. Bush adminstration-era income tax cuts on income of $250,000 and above.
“Fiscal cliff” referred to automatic spending cuts and tax increases that begin to take effect in January. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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- Obama, Barack U.S. President [D] United States
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