Cliffhanger

There hasn’t been a bigger dick-measuring contest in Washington since the raising of the debt ceiling last year when it comes to the fiscal cliff.

The start of 2013 will see an end of the Bush tax cuts for all incomes, a lapse  in the AMT patch and the beginning of spending cuts under the Budget Control Act of 2011, a combination that many believe could put the nation back into a recession unless action is taken now.

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