If US falls off 'fiscal cliff,' economy could get soft landing — or dizzy dive onto the rocks

  • Article by: CONNIE CASS , Associated Press
  • Updated: December 29, 2012 - 2:30 AM
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ikyabwaiDec. 28, 12 9:34 AM

Its going to be a nasty landing for the GOP/TP when the smoke clears. Bye bye in 2014! You won't be missed!

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endothermDec. 28, 12 2:19 PM

Republicans claim they are for lower taxes, but they are willing to let taxes on a family making $50,000 - $75,000 go up by over $2400 in order to save their millionaire donors from paying even a tiny bit more! My family will definitely take a hit. We'll have less money to spend on food and clothes, and I'll probably take on some extra overtime work to make up some of the difference. At least I have that option. Many do not. And the overall impact of raising taxes on the middle class will be a slower economy all around. And for what? So that the Mitt Romneys of the world can continue paying record low tax rates? When your middle class taxes go up for no good reason, send your complaints to Michele Bachmann, John Kline and Erik Paulsen -- the local architects of this man-made disaster.

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jjsbrwDec. 29, 1211:49 AM

I don't trust any politician who refuses to acknowledge that BOTH revenues and spending are problems. Deal with both honestly, please, because federal spending of 24% of GDP is WAY too high. Federal tax revenue collection of 16% is WAY too low. Neither number can be sustained. Be honest about BOTH without the childish nonsense from either side.

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