The first of four fiscal cliffs has been avoided, at least for now. Three more are looming:
With First 'Fiscal Cliff' Over, Three More Cliffs Lie Ahead
Congress and President Barack Obama have prevented a potential recession with the "fiscal cliff" bill, but in doing so put off, yet again, many difficult decisions necessary to get the nation's fiscal house in order. In a couple of months, three more fiscal cliff battles lie ahead -- sequestration, the debt ceiling, and a new federal budget.
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Order more popcorn, sit back, and relax. The show isn't over yet.