Forget January: The 'Fiscal Cliff' Will Get Scary in February

If the fiscal cliff will have gradual effects, the "slope" could take months to hit the economy hard.


Cliff, slope, or whatever other metaphor the event goes by, the consequences of these massive adjustments could easily be very painful. All of which points to what has been a widely accepted truth for months now: the sooner lawmakers can reach a deal, the better.

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  • Danielle Kurtzleben is a business and economics reporter for U.S. News & World Report. You can follow her on Twitter or reach her at