» Prospects: Federal Budget Impasse Again! Decision Economics

Prospects: Federal Budget Impasse Again!

Posted May 1, 2013 by rvillareal

  • While the most recent economic indicators have been softening, the U.S. economy has been relatively resilient in the face of the large increase in fiscal drag from the January tax increases and the March sequester.  Still the point of maximum vulnerability is between now and Labor Day, when the effects of the sequester are fully phased in and tax payers have decided how to respond to the tax increases.
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