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11/30/11

US Economy: Economists fear US recession unless tax deal agreed - by Andrew Beatty

Economists are warning US growth could stall and the United States could even tip back into recession if Congress fails to extend tax cuts and unemployment benefits before the end of the year.

It seems like round 12 of the tax and spending fight between Democrats and Republicans on Capitol Hill.
Yet with less than a year before voters adjudicate the winner, some are increasingly worried that spectators -- rather than one of the fighters -- is about to get knocked out.

For more: Economists fear US recession unless tax deal agreed - Yahoo! News

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