
What is the fiscal cliff?
The fiscal cliff is a set of automatic spending cuts and tax increases that will take effect in January 2013. The Bush tax cuts will expire as well. Over $400 billion in mandated spending cuts will then strap government agencies across the board, from defense to domestic programs.



Good news is everywhere, but it's widely ignored. There's good news about energy supplies (increasing), economic innovation (thriving), and Third World democracy (all-time high). The facts about positive developments don't get a lot of attention, but they're easily available to anyone who wants them.