Sunday, December 2, 2012

Fiscal Cliff

Fiscal Cliff is a revenue, which is basically spending and and increasing taxes that could possibly lead are country into a recession. The democrats want to stop taxes rates for most Americans and raise taxes by almost 40% for the wealthier Americans. While the republicans want to block tax rates and only raise taxes for weathier Americans by 2%. The democrats don't want to compromise unless taxes for the wealthy are raised.

When I looked up Fiscal Cliff, I automactly clicked the news search. This way it made it easier to find results that were relvant and recent. Most of the articles talk about what was currenly going on with both sides. This will indeed come in handy when I doing my Senior project because it will help me find up to date information. It will also help me narrow down my searches to more relvant information