Tuesday, January 1, 2013

Reuters: Money News: U.S. Senate's 'fiscal cliff' bill adds $4 trillion to deficits - CBO

Reuters: Money News
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U.S. Senate's 'fiscal cliff' bill adds $4 trillion to deficits - CBO
Jan 1st 2013, 22:06

WASHINGTON (Reuters) - The Congressional Budget Office on Tuesday said Senate-passed legislation to avert the "fiscal cliff" would add nearly $4 trillion to federal deficits over a decade, largely because it would extend low tax rates for almost all Americans.

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