Friday Nov 15, 2024
Friday Nov 15, 2024
Monday, 31 December 2012 00:00 - - {{hitsCtrl.values.hits}}
Obama’s mixed fortunes for 2013
The year 2013 is to open for US President Barack Obama with a set of mixed fortunes: a headache first and then followed by it, a pleasant experience. The headache is the automatic budget cuts and tax increases, also known as fiscal cliff, that is to come into effect on 1 January as a part of the US Congress’s avowed goal to reduce the rising US Budget deficits and through that exercise, the rising US public debt levels.
