BUSINESS
10/22/2012 12:13 pm ET

'Fiscal Cliff' Already Hurting Job Market

If you ask companies what’s making it hard for them to expand immediately, a standard set of answers have become a cliché: “the fiscal cliff,” “uncertainty,” “US fiscal policy.”

For all the gloomy rhetoric, most businesses are worried that the program of steep tax increases and spending cuts scheduled to take effect in January 2013 will result in a general economic malaise.

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