![]() TIME | Fiscal cliff: What happens to Americans on Jan 1 NDTV New Delhi: Hundreds of billions in tax increases and automatic spending cuts come into effect in the United States as soon as the final moments of 2012 tick away. The tax increases are the biggest ever to hit Americans at one go. Lawmakers in the US are still ... Fiscal cliff deal would pale against expectations Obama launches last-ditch talks to avoid US fiscal cliff A fiscal cliff compromise is needed to avoid 'train wreck' |


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