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Recession forecast if tax breaks expire

Budget office study sees fall off ‘fiscal cliff’ in ’13 as spending cuts are due

A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession.

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  • Headline: Recession forecast if tax breaks expire
  • Publication: Front Section, Pages 3 on 05/23/2012
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