Categories
Archiwum
Links
Tags
The American Enterprise Institute Jason Richwine Heritage Foundation Richard E Nisbetts Heritage Foundations IQ Tests Richwine tea party meeting study co-auther immigration study Jason Richwine Faith West Academy President Obama Latinos mexicans Tea Party immigration reform study Rafael Cruz American Politician Rafael Edward Ted Cruz Junior United States Senator racism
Obama McConnell and Boehner Meet on The Fiscal Cliff!
The fiscal cliff will be crossed on Jan. 2, 2013 when $530 billion in tax increases and spending cuts at the federal level take place due to a previous budget agreement between Congress and the Obama administration.
Since Congress and the Obama administration could not reach an accord to reduce the federal budget deficit, a series of automatic tax hikes and decreases in spending will take place instead to achieve the necessary savings.