What is the fiscal cliff, and how is it going to help or hurt our economy come 2013? The fiscal cliff could lower the national deficit by about $607 billion in 2013 – and even more in the years to follow if current policies are allowed to take place – but this would all happen at a likely high cost to jobs and our economy.
This fiscal cliff infographic lays out what could happen, and when:
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<a href='http://nerdwallet.com' ><img src='http://www.nerdwallet.com/blog/markets/files/2012/12/FiscalCliff2.jpg' alt='What Is the Fiscal Cliff?'/></a><br/> Via:<a href='http://www.nerdwallet.com'>NerdWallet</a>