In January, the Congressional Budget Office, which advises both parties, said failure to cope with looming tax increases and spending cuts in January would trigger a mile recession. Today, it upped the ante and predicted that the recession could be "significant." Lori Montgomery is financial reporter for the Washington Post.
Congressional Budget Office Warns Avoid the 'Fiscal Cliff'
Credits
Guest:
Lori Montgomery - Washington Post -
@loriamontgomery
Host:
Warren Olney
Producers:
Caitlin Shamberg,
Christian Bordal,
Anna Scott