Home » Posts tagged with » local impact

Fiscal cliff cuts start with defense but could go deeper

The fiscal cliff is looming larger, and the country actually might endure a series of draconian cuts and tax increases — something that was never supposed to happen. When Congress passed a law in August 2011 requiring $1.2 trillion in across-the-board cuts — half from the Department of Defense — it was supposed to serve… Continue Reading Fiscal cliff cuts start with defense but could go deeper