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‘Fiscal cliff’ could pull $500 billion from recovery
This version of Fiscal Cliff Could Pull 500 Billion From Recovery 13343811664 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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The fragile economy would be hit hard if lawmakers cannot come to an agreement on how to avoid the so-called ‘fiscal cliff.’ If they can fix the problem in early January, however, the effects would likely be minimal -- although it’s unclear what the impact would be on global confidence. CNBC’s John Harwood reports.Dec. 29, 2012