Acton Institute Powerblog Archives

Post Tagged 'Economic policy'

The FAQs: What is the Fiscal Cliff?

What is the “fiscal cliff”? The term “fiscal cliff”, which is believed to have originated in Congressional testimony by Federal Reserve Chairman Ben Bernanke, refers to the substantial changes to tax and spending policies that are scheduled to automatically take effect in January 2013. Continue Reading...

Spartan Austerity and the Fiscal Cliff

The latest step in the budget dance between House Republicans and the White House has to do with where tax increases (or revenue increases in general, depending on what is called what) fit with a deal to avoid the so-called “fiscal cliff.” Continue Reading...