CBO: Fiscal Cliff Deal Ads Nearly $4 Trillion To The Deficit Over The Next 10 Years

• Tweet
• Pin It

Just out from the CBO: A “score” of the Fiscal Cliff deal that the Senate voted on last night.

You can find the score on the 2nd page of this embedded document. The bill adds nearly $ 4 trillion to the deficit over the next 10 years. Of course, this is against the baseline (which assumed the expiry of all tax cuts) so naturally undoing those tax increases was going to add a lot to the deficit.

For the full text of the American Taxpayer Relief Act of 2012, see here.

American Taxpayer Relief Act

Please follow Politics on Twitter and Facebook.

Join the conversation about this story »

Clusterstock

Related Posts

• Reunited? Justin Bieber And Selena Gomez To Sit Next To Each Other At The Billboard Awards
  Reunited? Justin Bieber And Selena Gomez To Sit Next To Each Other At The Billboard Awards
• Times Are Changing: White Kids Will No Longer Be The Majority In 5 To 6 Years
  Times Are Changing: White Kids Will No Longer Be The Majority In 5 To 6 Years
• Jesus Take The Wheel: Four Men Arrested For Nearly Beating A Man To Death With A Skateboard
  Jesus Take The Wheel: Four Men Arrested For Nearly Beating A Man To Death With A Skateboard
• Jesus Take The Wheel: Female Enforcer Strangles Aspiring Model And Actress To Death On Her Boss’ Instructions Over A Business Deal Gone Wrong
  Jesus Take The Wheel: Female Enforcer Strangles Aspiring Model And Actress To Death On Her Boss’ Instructions Over A Business Deal Gone Wrong