Under current law, on January 1, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.


Statement to House Financial Services Committee [February 29, 2012]


Under current law, on January 1, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.

Under current law, on January 1, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.

Under current law, on January 1, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.

Under current law, on January 1, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.