Fiscal Cliff

          If I had to explain the Fiscal Cliff to a fellow peer of mine I would tell them that it is basically a large tax increase compiled with cuts to government spending.  It would take away spending on unemployment, it would cut medicare spending, and it would take away 65 billion dollars over almost all government videos. It would also increase taxes across the bored for all people. Basically, America does not want the Fiscal cliff to occur because it would destroy the American economy.
      The reasons these parties created the Fiscal Cliff was because in order to compromise in the future congress will also set drastic deadlines that will force them to do something. The reason they made this deadline was to combat the rising national debt. Most republicans and Democrats actually agree on most changes except for the tax cuts for the top 2 percent of incomes.The reason the president doesn't want to extend the bush tax cuts like he did in 2010 is because the economy has become stronger and no longer requires them. The article I read about from the New York Times was the debt ceiling one. Basically what it did was reinforce this idea that the fiscal Cliff will occur if the government cannot come to an agreement  Republicans don't want to raise the debt ceiling and democrats don't want to give tax cuts to the richest Americans. Unless they can agree on a compromise the Fiscal Cliff will occur.
       It cannot be told what the outcome or compromise of this situation will be, but it must come soon if it is to take any affect. I personally agree more with the republican view of the situation. If taxes are cut, then they should be cut all of the way across the bored in order to be fair. Also I believe that the debt ceiling should not be allowed to rise any higher because all this debt does is harm the United States.