Fiscal cliff: Next president’s first big problem to solve

Source: Jeanne Sahadi, CNNMoney

No matter who wins the election on Tuesday, the next president will have to immediately stare down the country's largest, most pressing domestic problem: the fiscal cliff. That cliff -- which starts to take effect in January -- includes $7 trillion worth of tax increases and spending cuts over a decade.

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money, financial, spending, taxes, budgets, cuts

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