Has the US gone of the fiscal cliff? Not yet. For those of you interested in the latest news and opinions on the fiscal cliff, you might want to add hastheusgoneoffthefiscalcliff.com to your bookmarks. The live site, brought to you by QUARTZ updates every five minutes with new articles and tweets on the topic and also shows a graph of bond yields and the countdown to the fiscal cliff decisions, as well as the countdown to the end of the Mayan calendar, for those who believe the two are correlated. On December 31, 2012 the US lawmakers will face a huge decision in which none of the outcomes look very good: 1) Increase taxes and cut spending, potentially driving the economy into a recession to decrease the national debt, 2) cancel some or all of the scheduled tax increases and spending cuts and continue to increase the debt, risking total financial collapse, or 3) stay on a middle ground with little to no potential for growth. Stay up to date with all of the latest news regarding this decision by clicking on the image after the jump.
Latest News on the Fiscal Cliff Updated Every 5 Minutes