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CBO: 'Fiscal Cliff' Could Trigger New Recession

Growth would decrease 0.5%, new report concludes

By Kevin Spak,  Newser Staff

Posted Aug 22, 2012 11:12 AM CDT

(Newser) – Don't expect a gentle fall if the US goes over the so-called "fiscal cliff." The Congressional Budget Office has concluded in a report today that if Congress doesn't do something about the impending round of tax hikes and spending cuts, US...   Read full story »

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