CNNW Your Money July 21, 2012
politics in washington could push america over a fiscal cliff and quite possibly into a recession if congress doesn't act. economists now say that the so-called fiscal cliff has now overtaken europe as the biggest threat to the u.s. economy. in other words, our homegrown storm has a bigger chance of causing a hurricane here than the actual hurricane that's blowing our way from europe. now i've been bee rat berating on this show to head off a series of tax increases and spending cuts mandated to take effect on january 1st. congress couldn't come up with a better deal to raise the nati...