Debt Ceiling to allow U.S. Debt to hit historic level in early
2013 While there have been and continue to be a significant
number of hands wringing over the fiscal cliff , which takes
effect on December 31, perhaps the REAL issue is coming very
early in 2013: the U.S. Debt Ceiling. The fiscal cliff is being
discussed on every business report on television, radio,
Internet blogs and print media. As you most likely know, fiscal
cliff is the name given to the event associated with the
simultaneous expiration of the Bush-era tax cuts, the increase
in the payroll tax and the immediate reduction of federal
government spending. For reference, here are links to APMEX’s
special reports n the fiscal cliff. Fiscal Cliff is but the
Beginning While the sudden and significant impact of multiple
changes in the economy is surely creating anxiety and
uncertainty in both the personal lives and business of
Americans, this is likely only the beginning of issues as the
United States begins to respond to the “new normal” following