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What is the concept of the fiscal clifff?

fiscal cliff is the situation which U.S. government faced at the end of 2012 when the expiry of tax cut and across the board government spending cuts has reached. this


What is the theory that government spending and tax cuts can raise demand called?

for god sake


What was the name for Reagan's plan for tax and spending cuts?

Reagan's plan for tax and spending cuts was called Reaganomics, which aimed to stimulate economic growth through reducing government regulation, lowering tax rates, and cutting government spending.


Why is the UK government doing so many spending cuts?

The UK, as with most countries around the world, is limiting spending to try and reduce its national deficit. For many years the government spent more than it took in through taxation, and so the country ended up in a lot of debt. In an attempt to limit how much we need to spend, the Chancellor is imposing cuts so that the deficit is reduced.


What is the feature that is formed when lava cuts across rock layers and hardens?

Lava that cuts across rock layers hardens to form a feature called a Dike.


An economic policy that advocated a reduction in government spending and cuts in personal income taxes was called?

Reaganomics


What was the economic policy that advocated a reduction in government spending and cuts in personal income taxes called?

reagonomics


What is the mountain range called that cuts across China west to east?

The Himalayas.


What are the spending cuts?

the act of reducing spending cut - the act of reducing the amount or number; "the mayor proposed extensive cuts in the city budget"


When was Cuts Across the Land created?

Cuts Across the Land was created in 2004.


What is the fiscal cliff?

The fiscal cliff is a term coined by Federal Reserve Chairman Ben Bernanke to describe a set of laws expiring December 31, 2012 that will result in major spending cuts and tax increases that will affect every American. Among the laws set to expire are: payroll tax cuts and Bush era tax cuts for the wealthy. Simultaneously, spending will be cut across the board as part of the Budget Control Act of 2011. This 19.63% increase in tax revenue and 0.25% reduction in spending in 2013 is projected to cut the US deficit by roughly half (about $600 billion). While that sounds good in theory, economists warn that it could have a negative effect on the economy in the short term.


What is the narrow tube-like body of intrusive igneous rock that cuts across existing rock called?

What is the narrow tube-like body of intrusive igneous rock that cuts across existing rock calle