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Yair Listokin
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A New Route Around the Fiscal Cliff

(75) Comments | Posted December 12, 2012 | 8:10 AM

The fiscal cliff represents an opportunity as well as a danger. While a big tax increase might provoke a double-dip recession, even the complete repeal of the Bush tax cuts are only a down-payment in a long-term plan for fiscal balance.

A "grand bargain" should take both the short and...

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