Economic Outlook for 2013
Dec 26, 2012
Follow Similar ProgramsPeter Morici talked about the U.S. economic outlook for 2013. He responded to telephone calls and electronic communications. Topics included the “fiscal cliff,” the possibility of a recession in 2013, the federal budget, and Social Security and Medicare.
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011.
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011.
Peter Morici talked about the U.S. economic outlook for 2013. He responded to telephone calls and electronic communications. Topics included the “fiscal cliff,” the possibility of a recession in 2013, the federal budget, and Social Security and Medicare.
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011.
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011.
