US approaches the fiscal cliff

Economists say if they do not pass legislation by the end of the year it could lead to a recession.

    Americans are waiting, watching, and wondering what their politicians are doing right now.

    Economists say if they do not pass legislation by the end of the year – taxes go up, federal spending is cut and it will lead to a recession.

    So where are they in trying to figure out a solution to what is now called a fiscal cliff? Patty Culhane,

    Al Jazeera's White House Correspondent, takes a look at how close they are to the edge.

    SOURCE: Al Jazeera


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