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Transition 2012

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Fiscal Cliff Update: The Problem in Graphic Detail

by Newsteam Staff
December 19, 2012

President Obama hosts bipartisan meeting with Congressional leaders in the White House November 16, 2012. (Larry Downing/Courtesy Reuters) President Obama hosts bipartisan meeting with Congressional leaders in the White House November 16, 2012. (Larry Downing/Courtesy Reuters)

In Foreign Affairs, Sam Pepple uses data from the Tax Policy Center to illustrate what’s actually being negotiated when it comes to the fiscal cliff. The graphic details the tax increases and cuts that are being discussed and shows how tax rates would be affected if there is no deal reached before the end of the year.

 

The Washington Post’s Wonkblog used data from the Committee for a Responsible Federal Budget to create this chart comparing the five fiscal cliff offers that have  been made so far.

For more information on the fiscal cliff, see this CFR backgrounder

–Contributing Editor Kirsti Itameri

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