‘Fiscal cliff’ talks will boil down to one obscure acronym

Source: Neil Irwin - The Washington Post

There is one word that a person needs to understand in order to grasp what will happen in the standoff over the “fiscal cliff,” the high-stakes standoff between Congress and President Obama to avert steep tax increases and spending cuts on Jan. 1. That word is “Batna.”

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financial, taxes, consumer information, congress, economy

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