Kenneth D. Ackerman / U.S. has climbed out of deep debt before - Press of Atlantic City: Commentary

Kenneth D. Ackerman / U.S. has climbed out of deep debt before

Print
Font Size:
Default font size
Larger font size

Posted: Monday, November 19, 2012 12:01 am

The "fiscal cliff," a combination of tax increases and severe spending cuts scheduled to kick in next year, is a product of multiple deceptions. Both the expiration date on the Bush-era tax cuts and the trillion-dollar "sequesters" that were enacted as part of last year's debt-ceiling deal were designed to cover up an overarching problem: the country's out-of-control debt.

Thank you for reading and relying on pressofAtlanticCity.com for your news and information. You have now viewed your allowance of free articles.

You must login to view the full content on this page.

© 2016 Press of Atlantic City. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Thank you for reading and relying on pressofAtlanticCity.com for your news and information. You have now viewed your allowance of free articles.

loading...

Upcoming Events

CREATE AN EVENT