Fed Chairman Ben Bernanke Warns Of 'fiscal Cliff' Risks

By Don Lee, Los Angeles Times, Los Angeles Times
Thu, 06/07/2012 - 5:36pm

Fears of a new recession grow as Bush-era tax cuts are set to expire Dec. 31 and automatic spending cuts are set to follow. Businesses are putting expansion on hold.WASHINGTON — Fears about a looming fiscal crisis at the end of the year are starting to pinch job growth and threatening to undercut the nation's fragile recovery, a growing number of economists and employers say.

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Topics:  bush-era   dec   washington   fears   fiscal   cuts   set   

 

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