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Fiscal cliff: What to expect if there's no deal

Posted By -NO AUTHOR- On 12/28/2012 @ 12:43 am In Money,Politics | No Comments

(CBS News) Well, here we are less than a week before the “fiscal cliff” hits and lawmakers are scrambling to come up with at least a partial solution President Obama has cut short his Hawaiian vacation to help push Congress along as lawmakers return to get to the business of dealing with the “cliff.”

What happens if the country is forced over the “fiscal cliff” on January 1?


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