KQED Nightly Business Report December 4, 2012
The white house responded, saying the g. O. P. Proposal does not meet the test of balance. In fact, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. Its not just the federal government under pressure. Credit Ratings Agency fitch calls the fiscal cliff the biggest concern for state credit in 2013. Saying, any meaningful federal deficit reduction is likely to lower state funding, forcing Program Elimination or backfilling. As the tax hikes and spending cuts approach, u. S. Manufacturers saw business shrink last month. The institute of supply manageme...