Implementation and Analysis of The Fiscal Cliff contained in the U.S. Budget Control Act of 2014.

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Implementation and Analysis of The Fiscal Cliff contained in the U.S. Budget Control Act of 2014.

Writing Four (4) pages for “The Fiscal Cliff” contained in the U.S. Budget Control Act of 2014.
1-Tax component of the Act – allowing Bush tax cuts to expire.
2- Spending component of the Act – Across-the-Board spending cuts in the Federal government budget.
3- “Sequestration” – what does it mean?
4- Who will be affected?
5- Who will benefit?

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