What is the "Fiscal Cliff" and how does it impact you?





The interactive transcript could not be loaded.



Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Nov 15, 2012

David Chavern, Executive Vice President and Chief Operating Officer of the U.S. Chamber of Commerce explains what it means for the United States, it's citizens, and the economy to go over the "Fiscal Cliff". He urges Congress to act immediately to prevent current tax rates from expiring and across-the-board federal spending cuts from taking effect on January 1, 2013. According to the nonpartisan Congressional Budget Office and many economists, the combination of these tax hikes and spending cuts will plunge the U.S. economy back into a recession in 2013.

All Comments

Comments are disabled for this video.
When autoplay is enabled, a suggested video will automatically play next.

Up next

to add this to Watch Later

Add to

Loading playlists...