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Capitol Report: What is the ‘Fiscal Cliff?’

by Congressman Sam Graves

Some of the most famous cliffs in the world are the White Cliffs of Dover, found on the English shore. They rise dramatically out of the sea up to 350 feet high. You’ve probably heard a lot about another kind of cliff lately, but what does it mean?

The so-called fiscal cliff — a combination of automatic spending cuts and tax increases mandated by law —

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