A Huge Part Of The Fiscal Cliff Is Something That's Barely Being Talked About

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		Home Tech/Media Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, November 16, 2012 A Huge Part Of The Fiscal Cliff Is Something That's Barely Being Talked About This is a very useful chart here from Deutsche Bank breaking down various components of the so-called "Fiscal Cliff," the series of spending cuts and tax hikes that will kick in on January 1. It might come as a surprise to you that one of the largest single components of the fiscal cliff is the Payroll Tax Holiday, a stimulus measure that was passed by Obama and the Congress (Deutsche Bank has it as the largest single component of the cliff, although Goldman Sachs has slightly different math). The Bush Tax cuts and the sequester get way more play in the media, but the payroll tax cut stimulus is a huge component. Read » Also On Money Game Today: STOCKS MAKE COMEBACK AFTER FISCAL CLIFF MEETING: Here's What You Need To Know China's New Leaders Will Push Land Reforms To Boost The Economy Advertisement CHART OF THE DAY: The Timing Of The Market Selloff Is Particularly Cruel For Hedge Funds CHART OF THE DAY: Why The US Economy Is In Way Better Shape Than The UK CHART OF THE DAY: Chinese Bank Loans, And It Looks Like The Government Is Still Worried About Inflation Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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