“The Fiscal Cliff, In Three And A Half Graphics”

As we move toward November’s elections, you’ll likely hear politicians peppering lots of talk about the so-called “fiscal cliff” on top of the usual economic recovery and unemployment fare. So the team at Planet Money has created an easy-to-digest set of graphics explaining why, exactly, you should care about this otherwise wonky topic.

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• Source: Npr

For more, see this story from NPR’s Marilyn Geewax on how Congress might pass some stopgap measures to blunt the effect of the fiscal cliff. A bunch of federal tax increases and spending cuts are scheduled to kick in around Jan. 1, 2013. This is what people are talking about when they talk about the “fiscal cliff.”

Read more at: www.npr.org