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Dec 4, 2012
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C-SPAN | Washington Journal
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Telephone lines were open for comments on House Republicans' counter-proposal to President Obama to avoid the “fiscal cliff.”
“Fiscal cliff” referred to the impending tax increases and sequestration ..
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Telephone lines were open for comments on House Republicans' counter-proposal to President Obama to avoid the “fiscal cliff.”
“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.
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