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    Dire Predictions Amid Another Looming Fiscal Battle

    Tue, 05/29/2012 - 03:03 EDT - NPR - National Public Radio (Business News)

    The Bush-era tax cuts expire at the end of the year, along with the payroll tax break; the nation's borrowing authority bumps against its limit; and huge mandatory spending cuts — half targeting defense — are set to kick in. All this could trigger another recession, but Congress is unlikely to do much about it until after November's election.» E-Mail This     » Add to Del.icio.us

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