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Goodbye Debt Ceiling, Hello Sequester
- While the worst of the fiscal cliff was avoided in January, the remaining tax increases and coming budget reductions represents the biggest increase in fiscal drag since 1969, when the imposition of the Vietnam War surtax contributed to the onset of a mild recession. Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.