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CentrePiece article
America's fiscal cliff
Ethan Ilzetzki and Jonathan Pinder
December 2012
Paper No' CEPCP388:
Full Paper (pdf)

CentrePiece 17 (3) Winter 2012

The US economy is still suffering from its most severe recession in seven decades. This article covers the key issue of taxes, spending and public debt, a major point of disagreement between the two candidates in the 2012 US election, President Obama and Governor Romney.

This article is an extract from a briefing published as part of CEP’s series of US Election Analyses: ‘Recession and Recovery: The US Policy Debate on Taxes, Spending and Public Debt’ by Ethan Ilzetzki and Jonathan Pinder.