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Alerts

01/03/13: Post-Cliff Realities and Strategy

The agreement between the president and Congressional leaders falls to avoid the fiscal cliff falls well short of a “Grand Bargain” and still involves significant tax hikes that will weigh heavily on US economic growth in the first half of 2013. Moreover, the two sides have yet to agree on spending reductions, setting the stage for another round of contentious negotiations before March. 

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