Monday, July 9, 2012

Fiscal cliff

  • For the first time in months, Europe is enjoying a respite from market pressure.
  • (New York Times)
  • WASHINGTON, July 8 (Reuters) - U.S. lawmakers signaled on Sunday a worsening deadlock in Congress over how to tackle critical fiscal deadlines looming at years end, including deciding whether to extend tax cuts for the wealthiest Americans.
  • (Huffington Post)
  • WASHINGTON (Reuters) - Lawmakers signaled on Sunday a worsening deadlock in Congress over how to tackle critical fiscal deadlines looming at years end, including deciding whether to extend tax cuts for the wealthiest Americans.
  • (Reuters)
  • NEW YORK (Reuters) - American employers are keeping their fingers crossed that politicians will steer away from a fiscal cliff of major tax hikes and spending cuts in early 2013, and, so far at least, have not gone back to a defensive recession-mode.
  • (YAHOO!)
  • The people responsible for averting the end-of-year fiscal cliff are the same ones who almost caused a U.S. debt default, let airline ticket taxes lapse for two weeks and came within two hours of shutting down the government.
  • (Bloomberg)
  • Washington — A growing number of lawmakers including Sen.
  • (detroitnews.com)
  • Congress has six months to prevent the U.S. economy from falling off the so-called fiscal cliff. If Congress does not act, on Jan. 1, 2013 a mix of tax hikes and $1.
  • (Yahoo Finance)
  • A survey by Morgan Stanley released Tuesday found that global investors are worried about the fiscal cliff and 70% expect Greece to exit the euro zone at some point.
  • (Marketwatch)

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